The trustee appointed in Eastman Kodak Co.’s bankruptcy sued to recover payments of about $49.2 million that were made to Altek Corp. in the 90 days before the photography pioneer’s chapter 11 filing, Bloomberg News reported yesterday. Alan Halperin, acting on behalf of a trust created to liquidate some assets, is seeking to claw back any transfers made “to and for the benefit of” Altek, a Taiwan-based maker of digital cameras, according to a filing today in U.S. Bankruptcy Court in Manhattan. Kodak filed for bankruptcy in January 2012 after spending $3.4 billion on earlier attempts to turn its business around. By then, it had shed 47,000 employees since 2003, closed 13 factories that made film, paper and chemicals, and shut 130 photo laboratories.
