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Shutterfly: Kodak Is Violating Noncompete Agreement Related To Asset Sale

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NEW YORK - Photography company Shutterfly Inc. on March 22 filed an adversary complaint against bankrupt Eastman Kodak Co. in the U.S. Bankruptcy Court for the Southern District of New York, seeking damages and injunctive relief for alleged violations of a noncompete covenant that was part of an agreement Kodak made when it sold an asset to Shutterfly (Shutterfly Inc. v. Kodak Imaging Network Inc, et al. $(Eastman Kodak Company$), No. 12-10202, Chapter 11, S.D. N.Y. Bkcy.)....(read more)

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