One benefit to a Chapter 11 filing for Kodak (EK -8.7%) would be saving the company from pension...

|By:, SA News Editor

One benefit to a Chapter 11 filing for Kodak (EK -8.7%) would be saving the company from pension obligations that run into the hundreds of millions of dollars a year. “Companies such as Kodak and [GM] bought labor peace by committing to ever-more generous benefits, certain that revenue would continue to grow and failing to address the re-emergence of hungry competitors abroad.”