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$1.24 billion
- Toronto-based Cineplex announced Tuesday evening that the Ontario Superior Court of Justice ruled in its favour in a breach of contract lawsuit against its former suitor Cineworld Group PLC. Judge Barbara Conway awarded damages of $1.24 billion and denied a counterclaim by Cineworld, Cineplex said.
Dec 14, 2021 · Toronto-based Cineplex announced Thursday evening that the Ontario Superior Court of Justice ruled in its favour in a breach of contract lawsuit against its former suitor Cineworld...
Cineworld repudiated the transaction to acquire Cineplex (the "Arrangement"). The Court awarded damages for breach of contract to Cineplex in the amount of $1.24 billion.
Dec 15, 2021 · The ruling - from The Ontario Superior Court Of Justice - indicates that Cineplex won the damages for breach of contract and, as a result, has been awarded CAD$1.24 billion (US$965 million).
Dec 15, 2021 · Toronto-based Cineplex announced Thursday evening that the Ontario Superior Court of Justice ruled in its favour in a breach of contract lawsuit against its former suitor Cineworld...
Dec 14, 2021 · Canadian cinema giant Cineplex says the Ontario Superior Court of Justice has ruled in its favor in a breach of contract lawsuit brought against Regal owner Cineworld Group PLC.
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Did Cineplex win a breach of contract lawsuit against Cineworld?
What damages did the court award Cineplex for breach of contract?
Did Cineworld repudiate the acquisition of Cineplex?
Did Cineplex breach a merger agreement?
Will Cineworld pay damages?
Did the Ontario Superior Court of Justice ruled in Cineplex's favor?
Dec 14, 2021 · Toronto-based Cineplex announced Thursday evening that the Ontario Superior Court of Justice ruled in its favour in a breach of contract lawsuit against its former suitor Cineworld...