bankruptcy

Eastman Kodak, the company synonymous with film photography and the launch of the digital camera, has filed for Chapter 11 bankruptcy protection in the US.

Kodak has issued its latest lawsuit against rival camera manufacturer Fujifilm, which it suggests is infringing several of its patents.

Kodak has filed more claims against Apple, which it claims is infringing on four of its new patents.

Struggling photography brand Kodak has hired law firm Sullivan & Cromwell's, in a bid to restructure its finances in order to avoid bankruptcy, according to reports.

Kodak has sold its Image Sensor Solutions business to Platinum Equity for an undisclosed amount in a bid to raise cash for the firm.