- 11 U.S.C.
In re Eastman Kodak Co.
Jun
15
2012
Ruling
Adversary proceeding was necessary to effect sale of debtor's patents free and clear of claimed interests of other companies.
Procedural posture
Chapter 11 debtors asked the court to issue an order per 11 U.S.C.S. § 105 in aid of their planned sale of certain patents to the effect that two affiliated companies had no ownership interests in any of the patents and permitting a sale of the patents to third parties free and clear of such claims. At issue was whether § 105 authorized such an order and the effect, if any, of Fed. R. Bankr. P. 7001 and 11 U.S.C.S. § 363.
ABI Membership is required to access the full summary of In re Eastman Kodak Co. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: