Bankruptcy Judge Allan L. Gropper yesterday approved an agreement between Eastman Kodak and a group of its retirees that ensures the group gets the representation it wants in Kodak's bankruptcy case, Dow Jones Newswires reported yesterday. Judge Gropper approved changes to his prior decision that gave the retiree group official "committee" status in the case. Without those changes, a lawyer for the retirees said, the group thought that it could be "inadvertently or inappropriately" limited in how it could participate in Kodak's case. Judge Gropper also approved the removal of a $50,000 cap on the fees the committee can rack up and approved the retention fees for the committee's professionals, but said that he was concerned about the fees piling up in the case.
