News: George Mesires Quoted in Law360 Article

George Mesires is quoted in Law360 article, "Kodak Pins Hopes on Patent Sales as Outlook Dims."  George comments on Eastman Kodak Co.'s plan to sell off 10 percent of its patent portfolio in efforts to stave off mounting financial struggles.

But that's not to say Kodak's recent struggles spell certain doom, especially in light of recent, lucrative sales of other companies' patent portfolios, according to George Mesires, a partner at Chicago-based Ungaretti & Harris LLP.

"It is not inevitable that Kodak file for bankruptcy," he said.  "Noncore asset sales are sure ways to shore up a balance sheet."

...And whether selling off its patents will ultimately give Kodak enough breathing room to reinvent itself remains in doubt, Mesires said.

"There is a balance - are Kodak's noncore assets enough to help the company stay afloat, and more importantly, revelent?  Or must Kodak sell assets closer to the core to realize any real value?" he said.

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