MIAMI, FL- June 29, 2020- Movie theater operator Cinemex Holdings USA Inc. pushed back Monday in Florida bankruptcy court on some of its landlords’ objections to its bid for rent relief as it navigates the COVID-19 pandemic, saying there are factors beyond whether government authorities allow it to reopen.
During a videoconference hearing before U.S. Bankruptcy Judge Laurel Isicoff, Cinemex’s attorney, Patricia Tomasco, reported that the company has made progress in negotiations with the landlords for its 41 CMX Cinemas theaters to suspend or reduce their rent obligations as well as on language for a proposed order that would authorize it to obtain millions in post-petition financing to help cover rent and other expenses.
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