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Polaroid controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2008

    Petters Group collapse triggers a second Polaroid bankruptcy

    The post-reorganization Polaroid entity sought bankruptcy protection shortly after criminal investigations involving its parent company, Petters Group Worldwide.

  2. 2008

    Petters Group collapse and Polaroid bankruptcy

    The post-reorganization Polaroid entity filed for Chapter 11 shortly after criminal investigations involving its parent company, Petters Group Worldwide, placing the brand's ownership and operations under further uncertainty.

  3. 2001

    Polaroid bankruptcy takeover criticized over executive bonuses

    The restructuring and asset sale attracted criticism because senior executives received retention bonuses while shareholders and many employees lost substantial value.

  4. 2001

    Criticism of bankruptcy executive bonuses

    The first bankruptcy restructuring was criticized because senior executives received retention bonuses while shareholders, current employees and retirees were left with little or no recovery.