In re Eastman Kodak Company Derivative Litigation

UNITED STATES DISTRICT COURT WESTERN DISTRICT OF NEW YORK In re EASTMAN KODAK COMPANY DECISION AND ORDER DERIVATIVE LITIGATION 6:21-CV-6621 EAW INTRODUCTION This shareholder derivative action arises out of the events surrounding a Letter of Interest (“LOI”) entered into between nominal defendant Eastman Kodak Company (“Kodak”) and the United States International Development Finance Corporation (“DFC”) in July of 2020, discussing a contemplated loan of $765 million from DFC to Kodak to support the conversion of Kodak’s manufacturing facilities to produce pharmaceutical products.1 It consists…