http://www.macworld.co.uk/apple-business/news/?newsid=3381504&olo=rss
Kodak mulls alternatives to patents auction, may form licensing company
Mon, 17 Sep 2012 John Ribeiro
Eastman Kodak has told a bankruptcy court that it is exploring alternatives to the auction of its digital imaging patents, including keeping the patents and setting up a licensing company to repay creditors.
Kodak filed in June a motion before the U.S. Bankruptcy Court for the Southern District of New York seeking approval for confidential bidding for the auction of its digital patent portfolio, that it expected would be completed by August.(
But the final hearing for the sale, at which Kodak would seek approval from the court, was to be completed by Aug. 20 and has been postponed thrice so far, with the next hearing scheduled for Sept. 19, amid reports that Kodak has not been able to raise bids close to the US$2.6 billion?.?
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