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Americas Core Credit: Movie Theater Options to Avoid Restructuring (Nov. 22, 2020)

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Navigating Lease Obligations in Bankruptcy

This chapter examines the intricacies of managing unexpired leases during bankruptcy, particularly among large retail chains like Cineworld and AMC. It highlights key legal cases, judicial interpretations, and the challenges posed by COVID-19 on revenue and operations. Additionally, it discusses the implications of lease acceptance decisions and financial covenants for movie theater companies undergoing restructuring.

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