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Kodak hires new restructuring lawyers

Sullivan & Cromwell to take over for Jones Day

Things are hardly picture-perfect over at Eastman Kodak Co. The photographic equipment company has selected a new law firm to handle its restructuring as part of its ongoing struggle to avoid bankruptcy.

The Wall Street Journal reports that Kodak has hired law firm Sullivan & Cromwell to handle its refinancing, taking over for Jones Day, which the company hired earlier this year to serve as its restructuring counsel.

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