The Cineworld Group will file for administration in the U.K., but the business will continue without interruption. Cineworld Group and its subsidiaries had commenced Chapter 11 cases in the United ...

"Among other things, any sale transaction resulting from the marketing process may delay emergence beyond the first half of 2023," the cinema giant says. By Georg Szalai Global Business Editor Movie ...

Shareholders will be wiped out as a new incorporated company controlled by lenders emerges from bankruptcy proceedings as part of a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief ...

LONDON--(BUSINESS WIRE)--Cineworld Group plc and its subsidiaries (the “Group”) (LSE: CINE), a leading cinema operator in 10 countries, including the United States and the United Kingdom, with 747 ...

Regal Cinemas’ debt-ridden parent company Cineworld formally filed its reorganization plan in Texas bankruptcy court on Tuesday. The filing makes official a deal described last week that will wipe out ...

Cineworld has struck a deal with its creditors. If it goes through, the shares will likely be wiped out. But if it does not go through, there is still no reason to attach any value to the shares.

Movie theater operator Cineworld Group, which has 9,139 screens in 10 countries, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for “first day” relief related ...

A US bankruptcy court has approved Cineworld for first day relief following the company’s Chapter 11 filing on September 7. As part of the motion, the Court today granted the Cineworld group approval ...