šæNew Chapter 11 Bankruptcy Filing - VIP Cinema Holdings Inc.šæ
VIP Cinema Holdings Inc.
February 18, 2020
VIP Cinema Holdings Inc. and four affiliates (the ādebtorsā) filed prepackaged chapter 11 bankruptcy cases in the District of Delaware; they are manufacturers of luxury seating products for movie theaters. Hereās the problem: end user customers stopped ordering their stuff. Yup, thatās right, thereās a finite marā¦