On June 25, 2013, the Bankruptcy Court for the Southern District of New York approved Eastman Kodak Company's disclosure statement for an amended plan of reorganization, which revolves around a new $400 million equity rights offering. Kramer Levin represented several large holders of Kodak unsecured debt that are backstopping the rights offering and playing an integral role in the Kodak reorganization process. The Kramer Levin team on this matter includes John Bessonette and Jodi Rosensaft of the Corporate Department and Jennifer Sharret and Jason S. Rappaport of the firm's Corporate Restructuring and Bankruptcy department.