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.
<!-- <!-- <!-- <!-- For those dreaming of a fresh start in a new land,…
A robust core is fundamental to nearly every movement, from lifting a package to enjoying…
Back in the early 1960s, a wave of terror swept through Boston as a chilling…
Staff Report GAINESVILLE, Fla. – A 21-year-old named Brandon Aaron Elijah Goodin was taken into…
Shemar Moore recently enjoyed some delightful father-daughter time on the set of his latest series,…
On Monday, President Trump hinted once more about the possibility of pursuing a third term,…