Kodak in Hemel ‘not affected’ by US parent filing for insolvency

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PHOTO firm Kodak says its Hemel Hempstead headquarters will not be affected by its US parent company filing for a form of bankruptcy.

The company, based in Boundary Way, says its 1,200 UK employees will be unaffected by the move and its ‘business as usual’.

Eastman Kodak in the US has filed for Chapter 11 insolvency, which allows companies to continue trading without going fully bankrupt.