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Canada's Cineplex Closely Follows Cineworld's US Bankruptcy Case To Collect Its Judgement

Toronto-Based Operator Seeks Billion-Dollar Payment From Cineworld Over Failed Merger
A Cineplex theatre in Toronto. (Garry Marr/CoStar)
A Cineplex theatre in Toronto. (Garry Marr/CoStar)
CoStar News
September 8, 2022 | 5:57 P.M.

Cineplex Inc., Canada's largest movie chain operator, is keeping a close eye on the U.S. bankruptcy case of Cineworld Group because Cineplex seeks to collect on the 1.24 billion Canadian dollars it was awarded after a failed takeover bid.

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