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COLLECTION Identifier: Mss:658 1951-2005 P762

Polaroid Corporation records held by the Polaroid Bankruptcy Estate

Content Description

This collection contains records of the Polaroid Corporation that were in the possession of the Polaroid Bankruptcy Estate after the 2008 bankruptcy. The records include Board of Directors agendas and minutes, shareholder meeting records, legal records, and patents.

The Board of Directors records date from the early 1950s to 2005 and include high level decision making that affected the direction of the company. The majority of the records were kept by Polaroid Counsel and Secretary, later Vice President, Richard deLima and a legal secretary, June A. Knowles.

Shareholder meeting records include mailings, proxy votes, information related to outstanding shares, speeches given at shareholder meetings, annual reports, and financial information related to the company. There are transcripts for the Polaroid vs. Shamrock legal case where Shamrock attempted an unsuccessful corporate takeover of Polaroid.

Dates

  • 1951-2005

Creator

Language of Materials

Materials entirely in English.

Conditions Governing Access

Collection is open for research. Materials stored onsite. Please contact specialcollectionsref@hbs.edu for more information on access procedures and reproduction services.

Extent

38 linear feet (91 boxes)

Biographical / Historical

The records in this collection were created by the Polaroid Corporation, but were held by the Polaroid Bankruptcy Estate, a legal entity for closing out the liquidation of Polaroid's assets.

Polaroid filed for Chapter 11 bankruptcy protection in 2001. After a series of takeovers and reorganizations by private equity companies, Petters Group Worldwide of Minneapolis, Minnesota acquired the Polaroid Corporation in 2005. Petters Group Worldwide sought to reestablish the distressed asset. In 2008, Tom Petters, CEO of Petters Group Worldwide, was charged with fraud and the Petters Group was revealed as a Ponzi scheme. As a result, Polaroid Corporation was again placed in receivership/bankruptcy in 2008, and a Trustee was appointed to recover its assets. The bankruptcy was finally complete in 2019.

Arrangement

Arranged by record type and roughly chronologically. Some records filed out of chronological order.

Physical Location

MANU

Immediate Source of Acquisition

The Polaroid Corporation records held by the Polaroid Bankruptcy Estate were received by Baker Library Special Collections as a gift of Polaroid Bankruptcy Estate, 2019

Related Materials

The records in this collection relate directly to materials held in other Polaroid Corporation records by Baker Library. These records fill in significant gaps, especially Board of Directors meeting records and annual stockholders meeting records. The following series are open for research: Polaroid Corporation records, series I: administrative records, circa 1930-2005; Polaroid Corporation records, series II: legal and patent records, circa 1905-1995. Some annual stockholder meetings have been digitized; For particular annual stockholder meetings see, Polaroid Corporation records, series VI: audiovisual records

Researchers should note that there is considerable overlap in the subject matter contained in the various series, and are advised to search across all of the series finding aids for specific subjects or records.

Processing Information

Baker Library Special Collections (BLSC) staff successfully captured the data from these 5.25-inch floppy disks, but could not capture the disks' file systems. Therefore, there were no usable files associated with the data on disk. BLSC staff exported the data to one PDF per disk.

Creator

Author
Benjamin Johnson
Date
December 2021
Description rules
dacs
Language of description
eng
EAD ID
bak01487

Repository Details

Part of the Baker Library Special Collections, Harvard Business School, Harvard University Repository

Baker Library Special Collections holds unique resources that focus on the evolution of business and industry, as well as the records of the Harvard Business School, documenting the institution's development over the last century. These rich and varied collections support research in a diverse range of fields such as business, economic, social and cultural history as well as the history of science and technology.

Contact:
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