To date, more than two dozen separate law firms, accounting firms and other outfits associated with Kodak's bankruptcy have submitted billing statements totaling nearly $125 million, according to a Rochester (N.Y.) Democrat and Chronicle analysis yesterday. Kodak has said it expects to emerge from bankruptcy in the first half of 2013, meaning there could be several more months of multimillion-dollar billing statements. Nearly 20 percent of the professional bills to date, or roughly $22 million, come from New York City firm Sullivan & Cromwell LLP, the primary law firm representing Kodak in the bankruptcy. The committees representing creditors' and retirees' interests also racked up sizable bills — expenses that have to be borne by Kodak.
