{"id":155031,"date":"2012-01-19T16:05:45","date_gmt":"2012-01-19T12:05:45","guid":{"rendered":"http:\/\/www.epress.am\/?p=155031"},"modified":"2012-01-19T16:06:55","modified_gmt":"2012-01-19T12:06:55","slug":"kodak-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2012\/01\/19\/kodak-files-for-bankruptcy.html","title":{"rendered":"Kodak Files for Bankruptcy"},"content":{"rendered":"<p>Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday, <span style=\"color: #000080;\"><strong><a href=\"http:\/\/money.cnn.com\/2012\/01\/19\/news\/companies\/kodak_bankruptcy\/\"><span style=\"color: #000080;\">CNNMoney<\/span><\/a><\/strong><\/span> reports.<\/p>\n<p>Kodak said it has obtained $950 million in financing from Citibank to maintain operations. The company said the credit facility is still subject to court approval.<\/p>\n<p>Kodak said it has enough liquidity to continue to operate during the bankruptcy process.<\/p>\n<p>Kodak acknowledged, in its Chapter 11 filing, that it had more than 100,000 creditors, with debts totaling $6.75 billion.<\/p>\n<p>Kodak has long struggled to evolve from film and compete in the digital age, even though it was an early pioneer of digital photography.<\/p>\n<p>Bankruptcy rumors have dogged the company for months.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday, acknowledging that&#8230;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":154903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tstyn_error":""},"categories":[10],"tags":[22601,37057,37034],"_links":{"self":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/155031"}],"collection":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/comments?post=155031"}],"version-history":[{"count":0,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/155031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media\/154903"}],"wp:attachment":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media?parent=155031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/categories?post=155031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/tags?post=155031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}