Rochelle on Kodak Technology, Madoff, 3d-Party Releases: Audio
The failure by Eastman Kodak Co. (EKDKQ) to find a technology buyer at an acceptable price is the first topic in the podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. U.S. District Judge Jed Rakoff will decide in the liquidation of Bernard L. Madoff Investment Securities LLC whether a strategy commonly used by trustees in ordinary bankruptcies is available to a trustee in stockbroker liquidation. The podcast wraps up with discussion of how the FirstFed Financial Corp. (FFEDQ) bankruptcy is a test case to decide whether the prohibition against so-called third-party releases will be expanded or limited in west coast bankruptcies.
Running time 12:38