Mon 09/12/2022 03:32 AM
Relevant Document:Motion for Stay Relief
On Friday evening, Sept. 9, Cineplex filed a motion for emergency relief from the automatic stay to complete Canadian appellate proceedings to liquidate its
judgment claim for 1.24 billion Canadian dollars, or $955 million, in damages, plus interest and costs, against Cineworld Group. Cineplex argues that a final ruling on its judgment claim, which it describes as “the largest unsecured claim” against the debtors, would “advance (rather than impede)...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.