Today's column updates readers on major events that transpired in the high-profile bankruptcy cases of Kodak, ResCap, Dewey & LeBoeuf, Reader's Digest and MF Global. The column discusses Kodak's and ResCap's recently filed proposed plans of reorganization. It further discusses Reader's Digest's confirmed plan of reorganization. The column also describes interesting litigation developments in Dewey & LeBoeuf's and MF Global's bankruptcies.

Kodak Reorganization Plan

Photography pioneer Eastman Kodak Company commenced its Chapter 11 bankruptcy proceeding on Jan. 19, 2012, to trim and streamline its business after failing to raise sufficient operating cash through sales of digital patents.