The owner of Regal Cinemas is preparing to file for bankruptcy, people familiar with the matter say. Cineworld is the world’s second-largest cinema chain.
Cineworld Group Plc, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild attendance from pandemic lows, according to people familiar with the matter.
The British cinema company has engaged lawyers from Kirkland & Ellis LLP and consultants from AlixPartners to advise on the bankruptcy process, these people said. Cineworld is expected to file a chapter 11 petition in the U.S. and is considering filing an insolvency proceeding in the U.K., they said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Arlington contractor leaves clients stranded with unfinished projectsA well-known Arlington construction contractor has filed for bankruptcy, leaving many of his clients stranded.
Weiterlesen »
WSJ News Exclusive | Roblox Poaches Seasoned Meta Executive as It Chases Growth in AsiaRoblox has poached a Meta Platforms executive for the newly created role of Asia-Pacific head of public policy, as the videogame company chases growth in the region
Weiterlesen »
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’The US Trustee behind Celsius' bankruptcy matters has filed a motion for an independent examiner with broad investigative powers, citing “credible allegations of incompetence or gross mismanagement.”
Weiterlesen »
Endo, an opioid maker in the Philly suburbs, files for bankruptcy with billions in debtThe pharmaceutical company sold Percocet, Opana and generics, and faces thousands of opioid lawsuits.
Weiterlesen »
BAFTA Launches Cinema Campaign With Big Zuu; Noah Media Group Reshuffles Team; ITV Announces Documentary Slate — Global BriefsBAFTA Launches Filmmaking Campaign With Digital Cinema Media & Big Zuu BAFTA and Digital Cinema Media have launched a campaign titled ‘Behind every BAFTA’ based around a national cinema ad, hi…
Weiterlesen »
Memphis man accused of fatally beating his wife at Fiji resort says couple 'never had any physical arguments'In an exclusive interview with ABC News from a jail visiting room, Dawson said he fled on a kayak to a neighboring island on July 8.
Weiterlesen »