The Wall Street Journal: Kodak broke no laws with loan announcement, review finds 

The Wall Street Journal: Kodak broke no laws with loan announcement, review finds 

16 Sep    Finance News

A special committee hired by Eastman Kodak Co.’s board found several governance concerns at the company regarding the announcement of a planned $765 million loan from the U.S. government, but said none of them violated the law.

The release of the review’s findings comes roughly a month after the special committee retained the law firm Akin Gump Strauss Hauer & Feld to conduct the internal review. The hiring of Akin Gump followed a tumultuous period for Kodak KODK, -4.15%  .

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