Eastman Kodak Sued in Bankruptcy Over Kyocera Patents
Eastman Kodak Co. (EKDKQ), the bankrupt photography company, was sued by Japan’s Kyocera Corp. (6971) for allegedly infringing more than a dozen U.S. patents with its printers and digital cameras.
Kodak, based in Rochester, New York, will cause “irreparable harm” to Kyoto-based Kyocera if the infringement isn’t stopped, plaintiff’s lawyers said in a complaint filed today in U.S. Bankruptcy Court in Manhattan.
Kyocera is seeking a jury trial and unspecified damages from Kodak, which has been trying to sell some of its own patents to pay creditors.
Kodak sought bankruptcy protection in January 2012, citing $5.1 billion in assets and $6.75 billion in debt, as the transition to digital photography eroded the company’s film- based business.
Christopher Veronda, a Kodak spokesman, didn’t immediately return voice and e-mail messages seeking comment on the lawsuit.
The bankruptcy case is In re Eastman Kodak Co., 12-10202, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
To contact the reporter on this story: Phil Milford in Wilmington, Delaware, at pmilford@bloomberg.net
To contact the editor responsible for this story: John Pickering at jpickering@bloomberg.net
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