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43°
Thursday, nov 14
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Cinemex USA Real Estate Holdings, Inc.
Business
CMX Cinemas Files For Chapter 11 Bankruptcy
Cinemex Holdings USA, Inc. and Cinemex USA Real Estate Holdings, Inc. (CMX) filed for Chapter 11 bankruptcy protection amid the COVID-19 pandemic. CMX -- the dine-in, luxury movie theater chain -- has a location in Closter and another planned for the American Dream Mall in East Rutherford. "We are in a state of complete uncertainty as to when we can re-open our theaters and when our customers will feel safe and secure in returning to them given that there is presently no vaccine against the virus," according to a news release. "We cannot forecast when — if ever — customer numbers will retu…