Akin Gump Represents Second Lien Noteholders in $525 Million Kodak Patent Sale

(NEW YORK) Eastman Kodak Company announced today that it has completed a series of agreements that successfully monetizes its digital imaging patents. Under the agreements, Kodak will receive approximately $525 million, a portion of which will be paid by 12 intellectual property licensees, with each licensee receiving rights with respect to the digital imaging patent portfolio and certain other Kodak patents.

A team from Akin Gump Strauss Hauer & Feld LLP represented the second lien noteholders in the transaction.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.

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