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Kodak Says Tech Firms Hastened Chapter 11 Filing – WSJ.com

Technology companies such as Apple Inc. and BlackBerry maker Research In Motion Ltd. accelerated Eastman Kodak Co.’s slide into bankruptcy court by playing hardball in patent negotiations, the struggling film company said Thursday. In a filing with the federal bankruptcy court in Manhattan, Kodak Chief Financial Officer Antoinette McCorvey said Apple, RIM and HTC Corp. took advantage of Kodak’s weakened financial condition to drag out litigation over alleged violations of the company’s intellectual property. Kodak relied had heavily on patent litigation as a source of funds as its film business shrank.

Kodak Says Tech Firms Hastened Chapter 11 Filing – WSJ.com.

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