Kodak go away? Before our eyes?

The current economic crisis has not spared even large companies, to the point that camera maker Eastman Kodak Co. (EK), 131 years old, is weighing options including bankruptcy.
This is mainly due to concerns raised by potential buyers of its patent portfolio. As discussed sources close to the negotiations, some patent potential bidders are reluctant to proceed because the purchase could become a fraudulent transfer if Kodak turns out to be insolvent - a version that has gained momentum in recent times.
In addition, Kodak hired the law firm "Jones Day" for advice about your options and declared by Gerard Meuchner - his spokesman - who do not plan to seek protection through a bankruptcy, nor make changes in its strategy for economic benefits of their intellectual property. Also dismissed concerns about the fraudulent sale.



However, other sources state that a number of suitors, including Google Inc., has signed confidentiality agreements to examine the assets. They also speculate that creditors claim more money if a sale is fraudulent and therefore agree that a bankruptcy filing could help clear the way for the sale of patents. Under the MDB Capital Group estimates the sale could raise about 3 billion dollars.
What will the future of Kodak? It is not the last word, but the picture does not look very promising.