Dunn Lambert, LLC
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Comprehensive legal services for businesses in New Jersey and New York call 201-957-0874
Dunn Lambert, LLC
comprehensive legal services for businesses call 201-957-0874

Posts tagged "Kodak"

Kodak sells intellectual property as it struggles with bankruptcy

In order to stay profitable, New Jersey businesses must produce a good or a service that consumers want to purchase. Without having money coming in, a business cannot stay profitable for long. Sometimes, a business can earn money from less traditional sources, like its intellectual property. In many cases intellectual property rights can be highly desirable to other companies in the same or similar fields. These rights may contain products or processes that other companies need to survive. Take for example the recent sale of patents by Eastman Kodak Co.

Kodak employees sue company over 401(k) failure

People who invest in their company's 401(k) or stock option plans are not usually armchair stockbrokers. Most employees think more about the percentage of their salary they're contributing rather than the stocks in which they're investing. A publicly held company may both include its stock in the 401(k) fund and as a separate option for employees. Although this offering is convenient and sometimes lucrative for both employees and the company, it's prone to some of the same issues companies face with non-employee stockholders and can lead to litigation.

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