Cineworld Receives Court Approval for First Day Relief Following Bankruptcy Filing

Cineworld plans to file its reorganization plan by Oct. 31, an attorney for the giant chain said today at a hearing. It also won’t be forced to state its case in a Canadian appeals court next month for reneging on a merger agreement with Cineplex.

Brendan Fraser will receive the American Riviera Award at the 38th Annual Santa Barbara International Film Festival. The 53-year-old actor, whose critically-acclaimed role in Darren Aronofsky‘s upcoming psychological drama "The Whale" is sparking best actor Oscar buzz, will be honored on Feb. 14, 2023, at the Arlington Theatre in Santa Barbara, California, the festival announced on Tuesday.

Yve Arellano has officially filed for divorce from her husband Mohamed Abdelhamed!

Tiffany Haddish and Aries Spears' child sexual assault lawsuit has been dropped after their accuser filed a notice of dismissal last Friday.  Cesidia Carosa confirmed to Fox News Digital that the lawsuit had been officially dismissed on Tuesday and included a photo of the dismissal notice filed to the United States District Court for the Central District of California. According to the notice, the lawsuit was dismissed "with prejudice" by the plaintiff identified only as Jane Doe, who also filed the notice on behalf of the second accuser, her minor brother John Doe.

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Kelly Clarkson received her star on the Hollywood Walk of Fame Monday morning, 20 years after becoming the first ever winner of "American Idol" at the end of its first season in 2002.  After the ceremony, Clarkson spoke with Fox News Digital regarding how she was feeling about reaching that Hollywood milestone two decades after her historic win. Clarkson was able to share the moment with her two children, who watched their mom’s big moment from the audience, as well as the ones who gave her a big break, original "American Idol" judges Simon Cowell, Paula Abdul and Randy Jackson.

Dua Lipa and Camila Cabello had a sweet interaction over the weekend at Bogotá, Colombia. The two singers were spotted watching Coldplay’s last performance in the South American country, during their Music of the Spheres Tour.Coldplay also surprised fans in Colombia, performing one of Dua’s hit songs ‘New Rules,’ as the fan-favorite singer would perform in Bogotá a day later, however people in the audience were not aware that she was also watching them onstage.Fui al concierto de Coldplay y me pasó la cosa más hermosa del mundo: tener cerquita a Dua Lipa y Camila Cabello.

Regal Cinemas owner Cineworld announced Friday that a U.S. bankruptcy court has approved its request for “first day” financial aid of up to $785 million.

A U.S. Bankruptcy Court judge granted Regal Cinemas’ parent Cineworld immediate access to up to approximately $785 million of a financing facility, providing sufficient liquidity for the giant theater chain to meet ongoing obligations, including to vendors, suppliers and employee salaries and benefits.

Leo Barraclough International Features Editor Movie theater operator Cineworld Group, which has 9,139 screens in 10 countries, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for “first day” relief related to its Chapter 11 proceedings filed on Sept. 7. The group’s companies include Regal in the U.S. The court granted the group immediate access to up to some $785 million of an approximate $1.94 billion debtor-in-possession financing facility that, together with its cash reserves and cash provided by operations, is expected to provide sufficient liquidity for Cineworld to “meet its ongoing obligations, including post-petition obligations to vendors and suppliers, as well as employee wages, salaries and benefits programs,” the company said Friday. The remainder of the DIP facility will become available following the court’s approval on a final basis.

Leo Barraclough International Features Editor Movie theater operator Cineworld Group, which has 9,139 screens in 10 countries, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for “first day” relief related to its Chapter 11 proceedings filed on Sept. 7. The group’s companies include Regal in the U.S. The court granted the group immediate access to up to some $785 million of an approximate $1.94 billion debtor-in-possession financing facility that, together with its cash reserves and cash provided by operations, is expected to provide sufficient liquidity for Cineworld to “meet its ongoing obligations, including post-petition obligations to vendors and suppliers, as well as employee wages, salaries and benefits programs,” the company said Friday. The remainder of the DIP facility will become available following the court’s approval on a final basis.

A federal judge sent a proposed $1.9 billion financing package for bankrupt Cineworld back to the table for a redo but said he’s committed to approving some kind of cash injection quickly for the Regal Cinemas parent.

The live-action remake of “Pinocchio” hit Disney+ today to a mixed-to-negative reception from critics. No surprise there, given the critical response to Tim Burton‘s dismal “Dumbo” and Jon Favreau‘s “The Lion King” in 2019.

“I do think the studies will get paid, like they usually do, whatever they are owed. Because we are the suppliers and that’s usually what happens,” Lionsgate vice chair Michael Burns said Wednesday of the Chapter 11 filing earlier in the day by Regal Cinemas’ parent Cineworld.

The debt-riddled Regal Cinemas owner Cineworld Group on Wednesday filed for Chapter 11 bankruptcy in the U.S. In a statement, the troubled London-based cinema chain said it was setting up “a $1.94 billion debtor debtor-in-possession financing facility from existing lenders which will help ensure Cineworld’s operations continue in the ordinary course while Cineworld implements its reorganisation.” The filing the United States Bankruptcy Court for the Southern District of Texas covers multiple subsidiaries of Cineworld, which operated 505 theaters in the U.S.

The shoe finally fell today as giant theater chain Cineworld filed for Chapter 11. The bankruptcy includes a $1.94 billion debtor-in-possession financing facility from existing lenders to keep things running.

A dad was left gobsmacked after a banking error saw £43.4billion deposited into his account - making him momentarily the 25th richest man in the world. Darren James only realised the staggering fortune was in his account after receiving a call from his stunned wife, the Daily Star reports.