My Kodak Moments App is a popular app that let users buy photo albums made from photos stored in Facebook. According to Reuters, a complaint was filed against the online photo service in the U.S. Bankruptcy Court in Manhattan accusing Kodak of violating an earlier agreement with Shutterfly.
According to court documents, Shutterfly bought the Kodak Gallery online photo business for $23.8 million last year. And the deal said, Kodak cannot set up a duplicate business in future. Shutterfly filed a complaint on Friday with the U.S. Bankruptcy Court in Manhattan accusing that the “My Kodak Moments App” violates the sale agreement by setting up a competing business.
Apparently, My Kodak Moments App used the same technology that’s used for Kodak Gallery. If proved, then Kodak may have to shut down My Kodak Moments App.
Source: Reuters
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