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A bankruptcy court judge today gave a green light to a reorganization plan for Regal parent Cineworld, the key step needed for the giant movie theater chain to emerge from bankruptcy next month.

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Cinepolis Chief Eduardo Acuna Sounded Out For Cineworld CEO Job As Theater Chain Set To Emerge From Chapter 11 – Report

As Regal parent Cineworld prepares to exit Chapter 11 this month, rumors are heating up over who will emerge as the giant theater chain’s new chief executive, with reports Monday pointing to Eduardo Acuna of Cinepolis.

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CEO Mooky Greidinger, Top Execs Of Regal Parent Cineworld Set Exit Payout As Theater Chain Prepares To Emerge From Chapter 11

Executives of Regal parent Cineworld, led by CEO Mooky Greidinger, have agreed to a payout in the $30 million range, Deadline has confirmed, in the event that they leave leave the company as it prepares to exit Chapter 11.

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Cineworld Abandons Plan To Sell Businesses In Israel, Eastern Europe

Regal parent Cineworld has decided to terminate the marketing process for its businesses outside of the U.S., UK and Ireland. Although it received offers from “a number of prospective counterparties,” the proposals “did not meet the value level required by the group’s lenders,” the exhibition giant said today. The so-called “rest of world” businesses include cinemas in Israel, Poland, Czech Republic, Slovakia, Hungary, Bulgaria and Romania.

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Regal Parent Cineworld Expects Bids For Theaters Outside US/UK, Says Plan To Exit Chapter 11 Nearly Ready

An attorney for bankrupt movie theater chain Cineworld said today it has “several” interested parties eyeing its business in “rest of world” — meaning Europe outside the UK, and Israel — but nothing pending for the entire company, or, it seems for Regal in the U.S.

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Regal Parent Cineworld Plans UK Meeting Of Shareholders As Bankruptcy Proceeds In Texas

Giant theater chain Cineworld will convene a meeting of its shareholders on April 20 related to the Chapter 11 process currently underway in a Texas bankruptcy court.

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Bankrupt Cineworld Says It Had Lowball Bids “For All Or Some” Assets; Hopes To File Restructuring Plan Next Week

Bankrupt Regal parent Cineworld said it had multiple bids for all or some of its assets in initial expressions of interest due last week. Its business includes Regal in the U.S.; Cineworld and Picturehouse in the U.K. and Ireland; and “rest of world” cinemas in Central and Eastern Europe, and Israel.

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Cineworld Bankruptcy Judge Tells Regal Parent To Fast Track Theater Closings, Landlord Negotiations – “We Are Not Going To Stick Around Here Forever”

Judge Marvin Isgur told parties to the Cineworld bankruptcy Wednesday they need to speed things up as debtors and creditors hash out a restructuring plan for the giant movie chain, including closing theaters, wrapping up lease negotiations with landlords, and advancing an overall sale process.

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Cineworld Sets Timing Of Bankruptcy Reorganization Plan; Cineplex Denied Hearing Over Scuttled Merger But May Be Eyeing Regal

Cineworld plans to file its reorganization plan by Oct. 31, an attorney for the giant chain said today at a hearing. It also won’t be forced to state its case in a Canadian appeals court next month for reneging on a merger agreement with Cineplex.

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Bankruptcy Court Grants Cineworld Immediate Access To $785 Million In Financing

A U.S. Bankruptcy Court judge granted Regal Cinemas’ parent Cineworld immediate access to up to approximately $785 million of a financing facility, providing sufficient liquidity for the giant theater chain to meet ongoing obligations, including to vendors, suppliers and employee salaries and benefits.

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Sparks Fly Over Cineworld Bailout, But Judge Says: “I’m Not Going To Sleep Until We Get Those Employees Paid”; Bankrupt Chain Has Just $4M Cash On Hand

A federal judge sent a proposed $1.9 billion financing package for bankrupt Cineworld back to the table for a redo but said he’s committed to approving some kind of cash injection quickly for the Regal Cinemas parent.

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Cinepolis Chief Eduardo Acuna Sounded Out For Cineworld CEO Job As Theater Chain Set To Emerge From Chapter 11 – Report

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