Cineworld Negotiating Bankruptcy Reorganization With Lenders While Also Pursing Sale

Cineworld was back in United States Bankruptcy Court for the Southern District of Texas on 8 February to update Judge Marvin Isgur on the status of their ongoing bankruptcy case. Lawyers for the United Kingdom-based company provided an overview of current operations, a potential reorganization plan, ongoing interest from third-party bidders and even set a court date to provide a firm schedule for exiting bankruptcy.

Source: Cineworld Negotiating Bankruptcy Reorganization With Lenders While Also Pursing Sale – Celluloid Junkie