Polaroid Corporation

Client

Polaroid Corporation was the originator and formerly the world's largest producer of instant photo films and cameras.

Challenge

The Company needed to make a smooth transition to a non-operating, post-confirmation status.

Solution

A Bridge professional currently serves as Plan Administrator, assisted by other Bridge professionals. The team aggressively implemented an efficient claims resolution process, utilized Bridge's proprietary preference software to evaluate potential preference actions and analyzed other potential causes of actions.

Results

The Bridge team has efficiently and effectively managed the wind down of the estate. As a result, the projected distribution per $1 claim after the sale of substantially all operating assets has increased from an original projection of $.03 to $.14.