Eastman Kodak Co. said Thursday that its creditors have voted in support of its plan of reorganization. The company will seek approval of the plan at a bankruptcy court hearing Tuesday.
The photography pioneer, based in Rochester, N.Y., filed for bankruptcy protection in 2012 to cope with growing debt after the shift from film to digital photography took a toll on its business. The company has since sold off some units to concentrate on commercial and packaging printing.
Kodak said it is on schedule. The company has said it expects to emerge from Chapter 11 by the end of September.
Kodak’s confirmation hearing is scheduled for Aug. 20 in the U.S. Bankruptcy Court for the Southern District of New York.