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A comment on Regal and Cineworld reportedly closing all theaters in US and UK next week. Parent comment

Re:Regal and Cineworld reportedly closing all theaters in US... by smnrchrds on Sunday October 04, 2020 @09:21AM (#24678842)
Cineworld was in the process of acquiring Cineplex, the largest theatre chain in Canada, when the pandemic happened. They want to walk away from the contract and Cineplex in suing them. IIRC, the contract specifically says pandemics are not a valid reason for termination, so this should be interesting to watch.

https://www.cbc.ca/news/business/cineworld-takeover-cineplex...

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Re:Regal and Cineworld reportedly closing all theaters in US... by claydavisss on Sunday October 04, 2020 @09:28AM (#24678878)
At worst, Cineworld pays a penalty for breach of contract, but that will be another debt collected in bankruptcy.
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