One of the largest theater chains in the US again files for bankruptcy
Share and Follow


SKOKIE, Ill. For the second time in five years, Cinemax Holdings USA has filed for bankruptcy.

Bloomberg News reports the owner of CMX Cinemas movie theaters has assets that estimate between $100,001 to $500,000 with less than $50,000 in estimated liabilities, according to filings.

The dine-in movie theater chain has a total of 28 locations, including the CMX Old Orchard Luxury in Skokie, Illinois. It is one of the largest theater chains in the United States with around 1,400 employees.

According to a release, CMX expects to still operate its business and cinemas without interruption and its employees will continue to receive their usual wages and benefits.

CMX Cinemas filed for bankruptcy once before in 2020, during the COVID-19 pandemic.

Share and Follow
You May Also Like
Colorado mom demands answers after son killed in Denver jail

Mother in Colorado seeks explanations following son’s death at Denver detention center

DENVER (KDVR) A Colorado mother who made headlines last year for starting…
University of Pennsylvania to ban transgender athletes, feds say, ending civil rights case focused on swimmer Lia Thomas

University of Pennsylvania is prohibited from allowing transgender athletes to compete, according to federal authorities, concluding a civil rights dispute involving swimmer Lia Thomas.

The University of Pennsylvania has agreed to ban transgender women from its…
Florida GOP sells 'Alligator Alcatraz' merchandise ahead of Trump visit

Florida GOP Offers ‘Alligator Alcatraz’ Merchandise in Anticipation of Trump Visit

(The Hill) — The Florida Republican Party was selling merchandise touting the…
Florida teen threatens to shoot up McDonald's after $5 order is messed up: police

Florida teen threatens to shoot up McDonald’s after $5 order is messed up: police

NEWYou can now listen to Fox News articles! A Florida teen is…
Diddy's family react to verdict as they wait for 'pop' to 'come home'

Diddy’s family reacts to the verdict while eagerly awaiting his return home.

Diddy’s mother and children have shared their delight at the rapper being…
Cold-blooded steps Bryan Kohberger took to cover up Idaho slaughter

How Bryan Kohberger tried to hide the Idaho killing

Prosecutors have now revealed that Bryan Kohberger meticulously tried to cover his…
Father of kids found in nappies 'hid them to protect them from COVID'

Father says he hid kids in diapers to keep them safe from COVID

The father of the two young children found in diapers and living…
Woman’s money relationship opinion divides: ‘Because you’re a man’

Opinions on women’s approach to money differ based on gender preconceptions.

A woman has sparked a fiery and debate by revealing what she…