Daily News: November 15, 2013

Reuters: Kodak Bankruptcy Advisers Will Likely Receive $240MM

Reuters reported that a lawyer charged with reviewing advisers’ fees in Eastman Kodak’s bankruptcy approved more than $240 million in bills, in advance of court approval next week.

Reuters said fee examiner Richard Stern recommended approval of about $235.8 million in fees and another $7.2 million in expenses, according to a report filed in U.S. Bankruptcy Court in Manhattan. The fees will go before Judge Allan Gropper, who is likely to approve them if Stern raises no objections, Reuters added.

To read the entire Reuters article, click here.

Previously on abfjournal: Kodak Emerges as Tech Company Focused on Business Imaging, September 4, 2013