Naman Ramachandran The Cineworld Group will file for administration in the U.K., but the business will continue without interruption.
Cineworld Group and its subsidiaries had commenced Chapter 11 cases in the United States Bankruptcy Court in September 2022.
The group now expects to emerge from the Chapter 11 cases in July and will continue to operate its cinemas as usual without interruption, it said in May.
On Monday, the group said it would will apply to a court in England for an administration order. The application would only apply to Cineworld Group plc itself as the listed parent company of the group and not to any of the operating companies or subsidiaries in the rest of the group, which would continue to operate as usual without interruption.
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