When Eastman Kodak (NYSE: EK) goes into Chapter 11, which is all but certain, its patent portfolio will not be the only part of its business that will be affected. An auction of the patents may bring in billions of dollars, but that number has to be questioned. Why can a bankruptcy judge get more for the assets than Kodak can? The greatest change in Kodak’s structure, though, will be that some large parts of the company disappear entirely. What they produce has almost nothing to do with Kodak’s intellectual property.

Kodak’s Consumer Digital Imaging Group probably will be closed. Or its assets may be sold to another camera company, likely without most of the employees who work in the division. The operation makes video and still cameras. It also manufactures and markets ink jet printers. None of

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