Kodak scheme under threat after camera firm files for bankruptcy

clock

Over half a billion pounds in contributions set to plug the Kodak Pension Plan deficit are under threat after the firm backing the scheme went bankrupt.

Funding from Kodak Ltd, the UK arm of Eastman Kodak Company, could dry up after the global camera maker filed for bankruptcy proceedings in the US courts yesterday, affecting thousands of workers a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Nest acquires 10% stake in IFM Investors

Nest acquires 10% stake in IFM Investors

Master trust will buy ownership stake in IFM’s holding company, Industry Super Holdings

Holly Roach
clock 05 February 2025 • 2 min read
UK Pensions Awards 2025: Call for judges

UK Pensions Awards 2025: Call for judges

Judges will get a ‘behind the scenes’ glimpse at how an industry-wide awards is run

Jonathan Stapleton
clock 05 February 2025 • 1 min read
News Digest: UK's pension wealth is being 'squandered', Phoenix boss warns

News Digest: UK's pension wealth is being 'squandered', Phoenix boss warns

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 05 February 2025 • 1 min read
Trustpilot