Huge cinema chain gives major update on future as it officially files for administration
-listed company have been suspended, but it stressed that the move will not impact operations and that its cinemas will continue to remain open as usual.
A spokesman for the chain said: "Cineworld continues to operate its global business and cinemas as usual without interruption and this has not and will not be affected by the entry of Cineworld Group plc into administration on July 31, 2023."in the UK, all control is passed to an appointed administrator - who has to be a licensed insolvency practitioner.
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