The company filed for bankruptcy in the U.S. in September as it wrestled with $5B in debt, and headed into Chapter 11 with $1.94B in debtor-in-possession financing. At that time, the chain had ...
Movie theater giant and Regal owner Cineworld said on Thursday that it now expects to emerge from Chapter 11 bankruptcy in July. The second-largest exhibitor in the world had previously targeted ...
Bosses at Cineworld are considering whether to put the world’s second largest cinema chain into bankruptcy. The chain, which has a cinema in Poole, confirmed on Monday it is looking at ...
Shares of AMC Entertainment Holdings are under huge pressure at the start of the trading session as traders react to the special dividend in the form of the AMC Preferred Equity Units and the ...
The Covid-19 pandemic of 2020 devastated hundreds of businesses in the U.S., forcing several establishments to file for bankruptcy, such as retailers, restaurants, real estate firms and energy ...
The company said it had filed for Chapter 11 – a form of US bankruptcy that businesses often use when they plan to bounce back from their current problems. It plans to emerge from bankruptcy in ...
Troubled cinema chain Cineworld has said its lenders have appointed Eduardo Acuna as chief executive of the group as it prepares to emerge from bankruptcy. Mr Acuna will work alongside new ...
The Cineworld Group, the second largest cinema group in the world, is reportedly preparing to file for bankruptcy. The Wall Street Journal reports the British-based firm is considering the move ...