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Kodak Names Mesterharm Chief Restructuring Officer

DOW JONES NEWSWIRES Eastman Kodak Co. (EKDKQ) said Monday it has retained James A. Mesterharm as its new chief restructuring officer to help steer the struggling film company through bankruptcy court, after Dominic DiNapoli held the role for just a few days. Kodak said the change "does not reflect any disagreement or difference of opinion" between DiNapoli, a vice chairman at FTI Consulting Inc. (FCN), and the company. Kodak had named DiNapoli its chief restructuring officer Thursday, the same day it put itself into bankruptcy court. Mesterharm, a managing director with AlixPartners LLP, has been involved with many chapter 11 bankruptcy cases, including those of General Growth Properties Inc. (GGP), Safety-Kleen Systems Inc. and Zenith Electronics Corp. Kodak said AlixPartners will be its restructuring adviser during the reorganization process, while FTI Consulting is expected to continue to work on certain post-petition matters alongside AlixPartners. As chief restructuring officer, Mesterharm will support the company's management team during its Chapter 11 reorganization and will report directly to Kodak's board. Kodak said the duties of the position won't change with Mesterharm's appointment. Kodak filed for Chapter 11 bankruptcy protection Thursday morning, after it ran short on cash needed to fund a long-sputtering turnaround. Along with the patent issues, the burden of retiree benefits, the weak economy and moves by vendors to cut ties to the company were cited as factors in the move. -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; nathalie.tadena@dowjones.com

Stock News for General Growth Properties (GGP)
DateTimeHeadline
06/30/201517:22:13Automatic Shelf Registration Statement of Securities of Well-known...
06/30/201510:18:36Annual Report of Employee Stock Plans (11-k)
06/18/201516:41:59Statement of Changes in Beneficial Ownership (4)
06/11/201516:01:00GGP Schedules Second Quarter 2015 Earnings Release and Conference...
06/03/201516:01:00General Growth Properties to Present at NAREIT REITWeek 2015...
05/26/201516:01:00General Growth Properties to Present at the Bernstein 31st Annual...
05/21/201516:01:00General Growth Properties Declares Common and Preferred Dividends
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05/05/201516:01:00GGP Issues 2015 Sustainability Report
05/01/201506:31:43Quarterly Report (10-q)
04/30/201512:10:08Sears to Form Joint Venture with Macerich
04/30/201511:18:06Sears to Form Joint Venture with Macerich
04/28/201507:09:34General Growth Properties Rating Reiterated by Oppenheimer (GGP)
04/27/201518:08:38General Growth Posts Lower Revenue, Higher FFO
04/27/201516:01:47Current Report Filing (8-k)
04/27/201516:01:00GGP Reports First Quarter 2015 Results
04/21/201516:02:00General Growth Properties Announces Acquisition of The Crown...
04/20/201513:31:44Barclays Cuts General Growth Properties Price Target to $33.00...
04/17/201516:50:19Current Report Filing (8-k)

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