Re:Alamo Drafthouse Files for Bankruptcy
by splonk on Wednesday March 03, 2021 @04:12PM
(#26334623)
I can't find the article, but supposedly yes. IIRC the reason was that the landlord's loan terms are dependent on the income from the building, but that number doesn't recalculate until a new tenant comes in, so accepting lower rent can trigger a large cash call.
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