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Post by Deleted on Jan 5, 2013 20:05:25 GMT -5
The following is a list of claims that were expunged “Sustained” by Judge Gropper to date
Docket ~ File ~ Expunged Claims to April 17, 2013
2378 ~ First Omnibus ~ $29,799,530 2383 ~ Second Omnibus ~ $114,021,022 2380 ~ Third Omnibus ~ $19,005,700 2381 ~ Fourth Omnibus ~ $90,128,682 2644 ~ Fifth Omnibus ~ $6,730,713 2878 ~ Sixth Omnibus ~ $87,704,964 2877 ~ Seventh Omnibus ~ $1,042,421 2875 ~ Eighth Omnibus ~ $6,898,148 2876 ~ Ninth Omnibus ~ $391,334,726 2879 ~ Tenth Omnibus ~ $140,511,655 2888 ~ Eleventh Omnibus ~ $ 8,950,455 3166 ~ Twelfth Omnibus ~ $1,169115 3363 ~ Fifteenth Omnibus ~ $13,992,329 3365 ~ Sixteenth Omnibus ~ $11,796,132 3364 ~ Seventeenth Omnibus ~ $13,570,794 3501 ~ Eighteenth Omnibus ~ $11,438,939
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Expunged to date ~ $948,095,325
Of that total, $443,913,601 is unsecured
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Post by Admin on Jan 6, 2013 7:50:28 GMT -5
Mv,
Are these claims being expunged on the balance sheet?
Or are they claims that are on the list of over 6,000 claims and part of the 20 billion in claims from all the people who came out of the woodwork once Kodak filed for 11?
SBG
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Post by Admin on Jan 6, 2013 12:45:15 GMT -5
If these are claims on the balance sheet, this is good news to chop off a 1/4 billion from the liabilities side, but if this is from the feeding trough of scumbag leaches, it means nothing.
SBG
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Post by Admin on Jan 6, 2013 17:42:20 GMT -5
Hi MV,
Who do I need to call to find out if this is on the books or the feeding Troughs.
SBG
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Post by Admin on Jan 6, 2013 17:46:21 GMT -5
I just asked a bunch of people on Kodak's BOD and also management.
Lets see if they give me an answer.
SBG
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Post by Deleted on Jan 15, 2013 13:10:43 GMT -5
UNSECURED NONPRIORITY CLAIMS Unsecured Notes/Debt ~ $694,634,391 Accounts Payable ~ $270,569,478 Customer Rebates ~ $113,046,532 Royalties ~ $45,497,048 Shippers/Warehousers ~ $16,170,020 Litigation and Other Claims ~ Undetermined Excess Retirement Income Plan "KERIP" ~ Undetermined Unfunded Retirement Income Plan "KURIP" ~ Undetermined Global Pension Plan for International Employees ~ Undetermined Executive Deferred Compensation Plan ~ $15,362,630 Deferred Compensation Plan for Directors ~ $409,358 Directors Charitable Awards Program ~ $8,000,000 Estate Enhancement Program ~ $26,004,627 Intercompany Advances (Loans) ~ $193,802,475 Negative Accounts Receivable Balances ~ $4,735,731 Total $1,388,232,291
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Post by dmdmd1 on Jan 17, 2013 14:43:34 GMT -5
The following is a list of claims that were expunged by Judge Gropper to date Docket ~ File ~ Expunged Claims to Jan 17, 2013 2378 ~ First Omnibus ~ $29,799,530 2383 ~ Second Omnibus ~ $114,021,022 2380 ~ Third Omnibus ~ $19,005,700 2381 ~ Fourth Omnibus ~ $90,128,682 2644 ~ Fifth Omnibus ~ $6,730,713 2878 ~ Sixth Omnibus ~ $87,704,964 2877 ~ Seventh Omnibus ~ $1,027,704 2875 ~ Eighth Omnibus ~ $6,898,148 2876 ~ Ninth Omnibus ~ $391,334,726 2879 ~ Tenth Omnibus ~ $140,511,655 ~~~~~~~~~~~~~~~~~~~~~~~~~ Expunged to date ~ $887,162,844 ~~~~~~~~~~~~~~~~~~~~~~~~~ Of that total, $409,426,997, is unsecured Thanks Mv.....Looks like things are taking shape in regards to cost cutting of claims within this Ch. 11. How much in claims are left to be expunged?
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Post by Deleted on Jan 17, 2013 14:47:08 GMT -5
Just 7.5 Million are left from Omnibus 7 that were challenged and it looks like that will be granted but did not get final approval see Doc 2880
So we hope this keeps going but if it is winding down, then at least as Judge Gropper said, it is one step closer..
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Post by dmdmd1 on Jan 17, 2013 14:49:27 GMT -5
Just 7.5 Million are left from Omnibus 7 that were challenged and it looks like that will be granted but did not get final approval see Doc 2880 So we hope this keeps going but if it is winding down, then at least as Judge Gropper said, it is one step closer.. Thanks for your reply. Dust is clearing, and the bogus, frivolous claims are being denied!!
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Post by dmdmd1 on Feb 21, 2013 16:12:14 GMT -5
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Post by Deleted on Feb 21, 2013 20:57:28 GMT -5
Dmd - thanks for the update ! I revised the totals in the first post at the top to reflect today dockets
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Post by updated on Feb 22, 2013 7:16:44 GMT -5
Wow..Great things happening
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Post by dmdmd1 on Feb 22, 2013 7:41:38 GMT -5
mvcalc,
Please add to your total expunged:
Docket #3168 ~Seventh Omnibus~$14,717.70
Therefore the total expunged for Seventh Omnibus = $1,027,704 + 14,717 = $1,042,421
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Post by Deleted on Mar 20, 2013 17:49:10 GMT -5
Claims expunged to date ~ $936,656,386
see top post for details
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Post by dmdmd1 on Mar 21, 2013 12:24:18 GMT -5
Claims expunged to date ~ $936,656,386 see top post for details MV, Thanks for the update. Is there more than 17 Omnibuses? TIA
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Post by Deleted on Mar 21, 2013 16:13:53 GMT -5
Yes - there are 2 more to go. So there are 19 so far. (and in total) The court hearing for 18 & 19 is April 17th. They have to post a request for objections months in advance. There are no new requests for objections out there at this time. I believe it is too late in the emergence to issue any more. They had a good run!
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Post by dmdmd1 on Mar 21, 2013 17:28:26 GMT -5
Mv,
Thanks for your hard work I've compiled a list of withdrawn claims and I will list them later this weekend when I have time.
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Post by Deleted on Mar 21, 2013 18:05:26 GMT -5
Thats great dmd Between the withdrawn claims and expunged claims the total value of eliminated claims is climbing near a billion. These are all claims that were filed at BK and part of the liability.
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Post by Deleted on Apr 17, 2013 17:38:04 GMT -5
$11.4 million in claims expunged today in 18th Omnibus "keyword = Sustained" see top post for details
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