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Kodak - Chapter 11: Quiebra

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Kodak - Chapter 11: Quiebra
Kodak - Chapter 11: Quiebra
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#2777

Re: Kodak - Chapter 11: Quiebra

hoy deberia estar movido por que el lunes es audiencia de accionistas pro comite de equidad

#2778

Re: Kodak - Chapter 11: Quiebra

Ricard sabes cual despacho de abogados representan a los accionistas en el EC (Equity Committee)en la audiencia del Lunes.

#2779

Re: Kodak - Chapter 11: Quiebra

no lo se mas tarde trato de everiguarlo

#2780

Re: Kodak - Chapter 11: Quiebra

audiencia del lunes observen
Mauin V Shah en la audiencia sobre la propuesta de los accionistas de una orden aprondo el comite de equidad

12-10202-alg Eastman Kodak Company Cap. 11

Movimiento por Ahsan Zia para el nombramiento de una Comisión oficial de equidad.

Acumulación a la moción presentada por Robert Saikaley

Objeción por la UST archivada.



Audiencia RE: mociones in limine para excluir documentos en apoyo del movimiento de accionistas para un pedido de aprobar el nombramiento de un Comité oficial de equidad y todos los testimonios de opinión de Maulin V. Shah en la audiencia sobre la propuesta de los accionistas de una orden aprobando el nombramiento de un Comité oficial de equidad.



Movimiento en limine excluir todo testimonio de la opinión de Elise Neils en la audiencia sobre el movimiento de los accionistas aprobar el nombramiento de un Comité oficial de equidad.



Audiencia RE: Asunción y asignación de contratos.

#2781

Re: Kodak - Chapter 11: Quiebra

QUIEN Maulin V Shah

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Maulin V. Shah

Managing Director at Envision IP, LLC
New York, New York (Greater New York City Area) Servicios jurídicos

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#2782

Re: Kodak - Chapter 11: Quiebra

es managing director at ENVISION IP LLC (servicios juridicos)

#2784

Re: Kodak - Chapter 11: Quiebra

nearly $6 million after bankruptcy

Matthew Daneman, USA TODAY 2:27 p.m. EDT July 31, 2013

(Photo: Jamie Germano, Rochester (N.Y.) Democrat and Chronicle)

Story Highlights
Antonio Perez was named CEO in May 2005
Kodak filed for Chapter 11 bankruptcy protection in January 2012
Perez said July 30 he would step down as CEO a year after Kodak emerges from bankruptcy

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ROCHESTER, N.Y. — Outgoing Chief Executive Antonio M. Perez and his top lieutenants have taken some personal blows financially during Eastman Kodak Co.'s bankruptcy.

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The Kodak Unfunded Retirement Income Plan and the Kodak Excess Retirement Income Plan pensions — to which the top executives of the Rochester-based printing and imaging company would have been entitled — have been suspended. Gone are the corporate aircraft and the ability to use them for personal flights. And as of the end of 2012, Perez and top officers held roughly 2.7 million exercisable stock options, all now essentially worthless as the value of Kodak's stock today is well below what they would pay for the shares.

But after Kodak emerges from bankruptcy, Perez could make nearly $6 million in consulting fees and stock incentives in the next three years, according to documents filed in U.S. Bankruptcy Court. And his top executives are eligible for sizable stock bonuses themselves.

That $6 million would be above and beyond the $1.15 million salary and potential performance bonuses Perez could receive in his final months as chief executive.

According to the documents, Perez is to remain chief executive for up to a year after the company gets out of bankruptcy — tentatively, Sept. 3 — and then will serve as a paid consultant to the company for an additional two years. His base salary as CEO would be $1.15 million — what he was paid in 2012. And he would be eligible as chief executive for a performance-based cash bonus.

For his consulting, Perez would be paid $1 million a year. He could receive an additional $2 million based on certain metrics and performance goals, according to the plan.

And when Kodak emerges from bankruptcy, the plan provides for Perez to receive stock worth $1.9 million, to be paid out in three lumps as long as the company reaches certain goals.

TIMELINE: Antonio Perez's Kodak moments
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Perez's top officers also are in line for similar, though notably smaller, stock bonuses, ranging in size from $160,200 for company Controller Eric Samuels to $330,750 for Brad Kruchten, president of the Graphics, Entertainment & Commercial Films Division.

Kodak President Laura G. Quatela will become a senior vice president when Kodak emerges from bankruptcy, remaining with Kodak for a time to oversee the sale of the Personalized Imaging business to a British pension fund purchasing it. Quatela will not receive any stock incentives. But according to the plan, she could walk away from Kodak with a bonus of up to $813,750 for meeting particular goals in the transition.

The pensions, which have been suspended during Kodak's Chapter 11, are to be eliminated, according to the plan.

Kodak's reorganization plan, including the various post-bankruptcy bonus and compensation schedules, still needs U.S. Bankruptcy Court approval. The court is scheduled to have a hearing on the plan Aug. 20.

Matthew Daneman also reports for the Rochester (N.Y.) Democrat and Chronicle

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