Cineworld on verge of collapse after filing for bankruptcy in US
Cineworld on verge of collapse after filing for bankruptcy in US
A branch in South Ruislip, London, closed during the Covid-19 lockdown (Picture: Shutterstock)
Cineworld has filed for bankruptcy in the US as it seeks time to restructure the business, bosses said today.
The world’s second largest cinema chain 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.
There had…
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