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Kodak may not sell its patents afterall

gordo

Well-known member
The low ball offers at Kodak's patent auction have caused Kodak to question the idea of selling its patents:

Kodak: Maybe We Won't Sell Our Digital Imaging Patents - John Paczkowski - News - AllThingsD

Since selling its patents was core to exiting bankruptcy and paying off its creditors, I wonder what the impact of withdrawing it's patents from auction will be on Kodak's plans going forward?

Meanwhile the court authorized the $4.5 million in bonuses for Kodak's top management: http://www.foxbusiness.com/technolo...o-pay-6-million-in-performance-based-bonuses/

Best, gordo
 
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I think the Courts may have something to say about them backing out. Can you just imagine the amount of money the Legal Firms are making off all this? i suspect nothing good will come of this.

As for the bonus situation,I don't agree with it but if it is a Binding Contract they have to be honored. I mean, it is not some Executives fault that Kodak is in trouble, right Lol.........

JW
 

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