One of the largest theater chains in the US again files for bankruptcy
Up next
Author
Tags
Share this @internewscast.com
FacebookXRedditPinterest


SKOKIE, Ill. For the second time in five years, Cinemax Holdings USA has filed for bankruptcy.

Bloomberg News reports the owner of CMX Cinemas movie theaters has assets that estimate between $100,001 to $500,000 with less than $50,000 in estimated liabilities, according to filings.

The dine-in movie theater chain has a total of 28 locations, including the CMX Old Orchard Luxury in Skokie, Illinois. It is one of the largest theater chains in the United States with around 1,400 employees.

According to a release, CMX expects to still operate its business and cinemas without interruption and its employees will continue to receive their usual wages and benefits.

CMX Cinemas filed for bankruptcy once before in 2020, during the COVID-19 pandemic.
Share this @internewscast.com
FacebookXRedditPinterest
You May Also Like

Construction Begins on New Bike and Skate Park in Big Stone Gap

BIG STONE GAP, Va. (WJHL) — The Town of Big Stone Gap,…
Watch live: Dallas ICE facility shooting updates from police

Live Coverage: Updates on Police Response to Dallas ICE Facility Shooting

Several detainees were shot at a U.S. Immigration and Customs Enforcement field…
Video captures Trump's escalator mishap at U.N.

Footage Shows Trump’s Elevator Slip-Up at the United Nations

Internet Explorer 11 is not supported. For the best experience, please use…

Carter Co. Reports Advancements in Helene Recovery Efforts, Leaders Announce

The community of Carter County, Tennessee, is still on the mend following…
One detainee killed in Dallas ICE facility shooting

Inmate Fatally Shot at Dallas ICE Facility

IE 11 is not supported. For the best experience, please visit our…
What did Jimmy Kimmel say during his first show back from suspension?

Jimmy Kimmel’s Remarks On His Return From Suspension: What Did He Say?

(NEXSTAR) – Jimmy Kimmel made his return to the late-night scene on…
Who is Joshua Jahn, the Dallas ICE facility shooter?

Meet Joshua Jahn: The Individual Behind the Dallas ICE Facility Shooting

A shooter using a rifle fired from a nearby rooftop at a…
Super Typhoon Ragasa floods Hong Kong hotel

Hong Kong Hotel Flooded by Intense Super Typhoon Ragasa

IE 11 is not supported. For an optimal experience visit our site…
Jimmy Kimmel Makes Emotional Return After Suspension

Jimmy Kimmel’s Heartfelt Comeback Following Suspension

IE 11 is not supported. For an optimal experience visit our site…
Trump administration to hold back grants from NYC, Chicago, Fairfax schools over bathroom policies

Trump Administration to Withhold Grants from NYC, Chicago, and Fairfax Schools Over Bathroom Policy Disputes

Three of the largest public school districts in the U.S. could lose…
Augustans question safety at the mall following deadly shooting, others call for it to close for good

Concerns Rise Over Mall Safety in Augusta After Fatal Shooting; Some Advocate for Permanent Closure

AUGUSTA, Ga. ()- Following the tragic shooting at the mall on Tuesday,…
Jimmy Kimmel makes emotional return to late-night show

Jimmy Kimmel’s Heartfelt Comeback to Late-Night TV

Internet Explorer 11 is not supported. For the best experience, please visit…