DL: Cineworld files for Chapter 11. I'm baffled how this reorganization was approved since they are completely insolvent. Sep 07, 09:45
filing the petition is a long way from having any Chap 11 plan approved. that said, companies don’t go BK lightly Sep 07, 10:05
They recently put a ton of money into their profitable/top grossing locations, so those, worst case scenario will survive in some form. Sep 07, 10:32