Shutterfly (SFLY +0.1%) is suing bankrupt Eastman Kodak (EKDKQ.PK -3.3%) to get it to shut down...

|By:, SA News Editor

Shutterfly (SFLY +0.1%) is suing bankrupt Eastman Kodak (EKDKQ.PK -3.3%) to get it to shut down its My Kodak Moments Facebook app, arguing it violates a non-compete agreement that was part of last year's $23.8M deal to purchase Kodak Gallery. Separately, Kodak announces it has closed its $848M financing deal with creditors. The company says it's on track to file a reorganization plan by April 30.