Samsung To Pay kodak $37M Over Printer Supply Contract

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<p><font size=”5″><strong>Samsung To Pay kodak $37M Over Printer Supply Contract</strong></font></p>
<p>By Lisa Uhlman Law 360<br />
<font size=”4″> Law360, New York — A New York bankruptcy judge approved a deal Wednesday ending certain terms of Eastman Kodak Co.’s inkjet printer supply agreement with Samsung Electronics Co. Ltd., with Samsung agreeing to pay the debtor $36.9 million in subsidies and reimbursement.<br />
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U.S. Bankruptcy Judge Allan L. Gropper granted Kodak’s Dec. 10 motion for approval of the settlement, which brings to an end the so-called master consumer inkjet printer business agreement between the two companies, “having found that the relief requested in the motion is in the best interests of…</font><br />
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December 20, 2012 at 8:57 AM