Cineworld plans to file its reorganization plan by Oct. 31, an attorney for the giant chain said today at a hearing. It also won’t be forced to state its case in a Canadian appeals court next month for reneging on a merger agreement with Cineplex . Judge Marvin Isgur of the Southern District of Texas, who is leading bankruptcy proceedings for the U.K.-based exhibitor, declined a motion by Cineplex to move forward with the hearing in an Ontario appeals court. Cineplex won a $1.29 billion Candadian dollars (about $1B US) judgement against Cineworld for the latter’s pulling out of their 2019 merger deal. Cineworld had agreed to buy Cineplex for about $3 billion. Cineworld appealed and arguments were set for Oct. 12 and 13. Cineworld’s Sept. 7 bankruptcy filing , with just $4 million of cash on hand and $5 billion in debt, resulted in a stay on most proceedings with the company focused on financing, keeping its business running and putting together the plan for its … [Read more...] about Cineworld Sets Timing Of Bankruptcy Reorganization Plan; Cineplex Denied Hearing Over Scuttled Merger But May Be Eyeing Regal
Filing bankruptcy without a lawyer
Days after the makers of Ajay Devgn-Sidharth Malhotra's upcoming family entertainer Thank God dropped the trailer of the film, it has landed itself in legal trouble. A case has been registered against director Indra Kumar and Bollywood stars Ajay Devgn and Sidharth Malhotra, by lawyer Himanshu Shrivastava in a court in Jaunpur, Uttar Pradesh. The petitioner in his complaint, has alleged that the trailer of Thank God has mocked religion and hurt religious sentiments. The sneak-peek features Ajay Devgn playing Chitragupta in modern avatar. Shrivastava claimed that the makers have presented Bhagwan Chitragupta in a clumsy manner and he is also seen using "using lousy jokes and objectionable words." The complainant alleged that Bhagwan Chitragupta has been insulted in the trailer and added, "Chitragupta is regarded as the Lord of Karma and keeps a record of a man's good and bad deeds. Such depiction of Gods can create an unpleasant situation since it hurts … [Read more...] about Ajay Devgn-Sidharth Malhotra’s Thank God In Legal Trouble; Case Filed For Hurting Religious Sentiments
Oksana Grigorieva isn't getting her massive debts excused that easily ... the person overseeing her bankruptcy case is scoffing at her expenses ... especially items like $90 a month for gopher patrol. Oksana is asking the bankruptcy judge to cut her a massive break with a $438,000 hole she dug for herself with various creditors. Her justification for getting a pass -- she has lots of necessary monthly expenses. But the bankruptcy trustee begs to differ, saying some of the items are downright frivolous, including: -- $2,000 a month in home maintenance And the trustee notes something suspicious ... just before filing for bankruptcy, Oksana ran up her credit card bill from zero to more than $51,000. Mel ... she's someone else's problem now. … [Read more...] about Oksana Grigorieva In Bankruptcy Court — Expenses Challenged … Gopher Patrol?
" Meet the Parents " star Teri Polo has royally Focked herself -- at least in the money department -- because TMZ has learned ... she just went belly up. Teri filed for Chapter 11 bankruptcy last week, claiming she's buried in nearly a million dollars of debt -- most of which she owes to the IRS. Teri claims she owes roughly $772,000 in back taxes and more than $36,000 in credit card debt. She also says her landlord's going after her for $30,000 after she allegedly left an old apartment covered in dog crap and urine. Bankruptcy ... you can't milk a cat, but you can milk the system. Gallery Launch Gallery … [Read more...] about Teri Polo Bankrupt — ‘Meet the Parents’ Star Meets the Bankruptcy
Giant theater chain AMC Entertainment filed today to sell up to 425 million AMC Preferred Equity Units, or APEs, its new securities that have seen a price collapse amid a sour market and investor backlash. They sank some more early Monday, then popped higher. AMC distributed the initial batch of APE shares to stockholders in August and they trade on the NYSE. Each APE unit has the same economic and voting rights as one share of common stock. CEO Adam Aron characterized the distribution as a gift but AMC’s large base of retail shareholders disagreed. This vocal group had previously derailed AMC’s plans to issue new common stock, preventing the company from raising cash to help pay down its hefty debt of about $5.4 billion. So the APEs were a workaround; a new currency AMC can sell to raise fresh funds without shareholder approval. “It was a nice way to get around their investors, who weren’t going to let them issue more shares to raise more cash. But investors … [Read more...] about AMC Entertainment Files To Sell Up To 425 Million APE Shares To Pay Down Debt
An alleged sexual abuse of a minor by the disgraced comedian at Hugh Hefner’s L.A. home 41 years ago will be detailed in court this fall. Despite his best legal efforts to avoid or delay it, Bill Cosby has been ordered by a L.A. Superior Court judge to give a deposition to Judy Huth’s attorneys. The deposition under oath to questions from Gloria Allred or another one of Huth’s lawyers is set for October 9. While he has never been charged in any of the sexual assault incidents alleged by more than 40 women, this upcoming deposition plus the ongoing criminal investigation by the LAPD and the defamation case filed this spring by former America’s Next Top Model judge Janice Dickinson puts Cosby in a potentially perilous legal position. Even though the statute of limitations has passed on Huth’s 1974 incident, as is the case for the dozens of other women who have claimed Cosby raped or assaulted them, the fact that she was 15 years old when the molestation occurred and says she … [Read more...] about Bill Cosby Ordered To Face Playboy Mansion Assault Victim’s Lawyers This Fall
TMZ/Getty Kanye West has hired yet another divorce lawyer, this time tapping into the same attorney who represented Melinda Gates in her multi-billion dollar divorce case with Bill Gates . Sources with direct knowledge tell us Ye's retained Robert Stephan Cohen of Cohen Clair Lans Greifer Thorpe & Rottenstreich LLP as his sixth divorce attorney in the back and forth with Kim Kardashian . Interestingly enough, Cohen is based in New York, and the Kim divorce is in Los Angeles, so Ye's also bringing on Nicholas A. Salick of Salick Family Law Group, APLC as his counsel in California. Not only has Cohen represented Melinda, but he's also had clients like Rupert Murdoch , Chris Rock , Athina Onassis and more. TMZ broke the story, Kim filed for divorce in November, and a judge declared her legally single back in March, after she filed docs stating, "I very much desire to be divorced." The couple still has to iron … [Read more...] about Kanye West Hires Melinda Gates’ Former Divorce Lawyer for Kim Kardashian Case
Tiffany Haddish will not be facing a lawsuit alleging child sexual abuse and other such horrible accusations after all. Less than a month after Jane Doe first filed a multi-claim complaint in Los Angeles Superior Court, the plaintiff has ended her own action. “My family and I have known Tiffany Haddish for many years – and we now know that she would never harm me or my brother or help anyone else do anything that could harm us,” Doe in a statement Tuesday. “We wish Tiffany the best and are glad that we can all put this behind us.” Along with the public stepping back today, the plaintiffs also put a dismissal with prejudice notice in federal court. That means that for all purposes the matter against The Afterparty star and comedian and co-defendant Aries Spears has concluded. Representatives for Haddish did not respond to request for comment on the matter or on whether there was a financial settlement. It’s all a sudden twist from where this all started just a … [Read more...] about Tiffany Haddish Sees Child Sex Abuse Suit End; Claims Dismissed By Plaintiff Less Than Month After Filing
Document Launch Doc Paula Deen claims the ex-general manager of her restaurant who is suing for sexual harassment tried to extort her by demanding more than a million bucks ... or face "ruin." TMZ has obtained Paula's response to the lawsuit filed against her and her brother Bubba by Lisa Jackson , the former General Manager of Uncle Bubba's Seafood and Oyster House in Savannah, Georgia. In the response, Paula included a letter from Lisa's lawyer, who wrote bluntly, Lisa would not file the lawsuit and keep everything secret if Paula forked over $1.25 million. Lisa's lawyer adds, "If we are unable to settle, the complaint will not be quietly filed. I am making arrangements for a press conference on the day of filing." Paula is asking for a gag order, prohibiting everyone in the case from blabbing to the media. In her motion for a gag order, Paula's lawyer says Lisa's strategy has been clear -- " Pay or I will ruin you ." Lisa claims … [Read more...] about Paula Deen — My Ex-General Manager Was Trying to Extort Me!
2:18 PM PDT -- Rodman's rep tells TMZ ... the "sick" comment was a reference to the NBA legend's ongoing struggle with alcoholism. The rep notes ... Dennis visited a doctor a few months ago and he's in "great physical shape." Dennis Rodman can't afford to pay more than $800,000 in back child support ... because he's dead ass broke -- this according to new court documents. Dennis' estranged wife Michelle Rodman filed new papers this month, claiming The Worm owes $808,935 in unpaid child support for his 9- and 10-year-old children -- and an additional $51,441 in unpaid spousal support. But Dennis' attorney responded to the filing, insisting there's no way the Chicago Bulls legend can pay those bills -- because "Respondent Dennis Rodman is broke and cannot afford any additional fees." According to his lawyer, Dennis is also "extremely sick" and just isn't making the same bank he made back in his heyday. The lawyer does not specify the nature of … [Read more...] about Dennis Rodman — I Can’t Pay My Child Support Bill … Because I’m BROKE