Cineworld Group receives another extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., April 6 – Cineworld Group plc secured another extension of its exclusive periods to file and solicit votes on a Chapter 11 plan, according to an order filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.

Specifically, the court extended the exclusive plan filing period through June 5 and the exclusive solicitation period through Aug. 4.

Cineworld said the extension would protect the progress made to date and ensure the debtors will stay on track to emerge from Chapter 11 on a timeline that is in the best interests of the debtors’ estates.

Cineworld is a London-based cinema operator. The company filed bankruptcy on Sept. 7, 2022 under Chapter 11 case number 22-90168.

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