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1. • COVID-19 public health measures

     • New COVID-19 public health measures announced by Ontario Premier Doug Ford on Monday resulted in the closure of 67 Cineplex theatres along with indoor concert venues, museums, galleries and other attractions.
     globalnews.ca/news/8492821/cineplex-covid-layoffs-2022/

     Nearly 5,000 layoffs at Cineplex after Ontario closes movie ...

2. ottawa.ctvnews.ca › galaxy-cinemas-in-brockvilleBrockville, Ont. Galaxy Cinemas to close in July | CTV News

   ottawa.ctvnews.ca › galaxy-cinemas-in-brockville

   May 11, 2024 · The only first-run movie theatre in Brockville, Ont. will close in July, Cineplex told CTV News Ottawa Friday. “I can confirm that we are targeting a July 7, 2024 end of day closure of Galaxy...

3. www.recorder.ca › news › galaxy-cinemas-to-close-in-julyBrockville Cineplex movie theatre to close - recorder

   www.recorder.ca › news › galaxy-cinemas-to-close-in-july

   May 10, 2024 · Galaxy Cinemas Brockville, located at the Thousand Islands Mall, will close its doors on July 7, Cineplex Inc. confirmed to The Recorder and Times on Friday.

   • Author: Sabrina Bedford

4. Videos

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     Business Report: Can Cineplex survive another shutdown?

     Jan 5, 2022

     13.3K Views

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     Business Report: Cineplex frustrated with Ontario reopening plan

     May 20, 2021

     36.8K Views

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     Business Report: Cineplex theatres reopen

     Jul 15, 2021

     7K Views

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5. www.thestar.com › business › nearly-5-000-layoffs-atNearly 5,000 layoffs at Cineplex after Ontario closes movie ...

   www.thestar.com › business › nearly-5-000-layoffs-at

   Jan 6, 2022 · TORONTO - Cineplex Inc. says it has temporarily laid off nearly 5,000 part-time employees because of mandated closures of its Ontario movie theatres to tackle the surge of the Omicron...

6. www.osler.com › en › insightsCineplex awarded $1.2 billion by Ontario court for ‘busted deal’

   www.osler.com › en › insights

   • Cached

   In a highly anticipated decision, an Ontario Court has held that Cineworld improperly terminated its December 2019 agreement to purchase Cineplex’s shares, awarding $1.2 billion in damages.

7. www.stikeman.com › en-ca › khCineplex Awarded .24 Billion in Lost Synergies from Failed ...

   www.stikeman.com › en-ca › kh

   • Cached

   Dec 23, 2021 · In a highly anticipated decision, the Ontario Superior Court of Justice – Commercial List held that Cineworld wrongly terminated its arrangement agreement to acquire Cineplex, which was awarded substantial damages.

8. www.thestar.com › business › cineworld-scraps-2-8Cineworld scraps $2.8-billion takeover of Cineplex, setting ...

   www.thestar.com › business › cineworld-scraps-2-8

   Jun 12, 2020 · TORONTO - International movie theatre chain Cineworld PLC says its deal to buy Cineplex Inc. for $2.8 billion is off, claiming that “certain breaches” of the contract were made by the Canadian...

9. People also ask

   Why did Cineplex close?

   • In March 2020, Cineplex was required to close its theatres across Canada by government emergency orders, and Cineworld closed its theatres globally due to the pandemic. In response to the decreased revenues, in March through May 2020, Cineplex deferred payments to film studios and other suppliers.

   Cineplex Awarded .24 Billion in Lost Synergies from Failed Cineworld

   www.stikeman.com/en-ca/kh/litigation/cineplex-awarded-1-24-billion-in-lost-synergies-from-failed-cineworld-acquisition

   See all results for this question

   Did Cineworld improperly terminate its agreement to buy Cineplex shares?

   • In a highly anticipated decision, an Ontario Court has held that Cineworld improperly terminated its December 2019 agreement to purchase Cineplex’s shares, awarding $1.2 billion in damages.

   Cineplex awarded $1.2 billion by Ontario court for ‘busted deal’

   www.osler.com/en/insights/updates/cineplex-awarded-1-2-billion-by-ontario-court-for-busted-deal/

   See all results for this question

   What happened to Cineworld & Cineplex?

   • On June 5, Cineworld sent notice to Cineplex alleging numerous incurable breaches of the Agreement. On June 12, Cineworld delivered notice to Cineplex purporting to terminate the Agreement. On the same day, Cineworld withdrew its application for ICA approval. Cineplex sued Cineworld for over $1 billion in damages for repudiating the Agreement.

   Cineplex Awarded .24 Billion in Lost Synergies from Failed Cineworld

   www.stikeman.com/en-ca/kh/litigation/cineplex-awarded-1-24-billion-in-lost-synergies-from-failed-cineworld-acquisition

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   Does Cineplex have a Canadian case?

   • Cineplex says the U.S. court, where U.K.-based Cineworld filed for bankruptcy earlier this month, denied Cineplex's request to allow a Canadian case between the two companies to proceed as planned in October.

   Cineplex: U.S. court ruling in Cineworld bankruptcy halts ... - CTV News

   www.ctvnews.ca/business/u-s-court-ruling-in-cineworld-bankruptcy-proceedings-halts-cineplex-case-in-ontario-1.6088791

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   Does Cineplex still owe money?

   • An Ontario court ruled last year in Cineplex's favour, awarding the company $1.24 billion in damages, but Cineworld has since appealed the judgment while Cineplex is pushing for an even higher payout. Cineplex says its case still has merits and it won't stop pursuing other avenues to recoup the money it feels it is owed.

   Cineplex: U.S. court ruling in Cineworld bankruptcy halts ... - CTV News

   www.ctvnews.ca/business/u-s-court-ruling-in-cineworld-bankruptcy-proceedings-halts-cineplex-case-in-ontario-1.6088791

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   Can Cineplex recover losses suffered by its shareholders?

   • The Court held that there was nothing in the Agreement that entitled Cineplex to recover losses suffered by its shareholders. The Court accepted, as an alternative measure of damages, the anticipated deal synergies that were lost to Cineplex.

   Cineplex Awarded .24 Billion in Lost Synergies from Failed Cineworld

   www.stikeman.com/en-ca/kh/litigation/cineplex-awarded-1-24-billion-in-lost-synergies-from-failed-cineworld-acquisition

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10. www.ctvnews.ca › business › u-s-court-ruling-in-cineCineplex: U.S. court ruling in Cineworld bankruptcy halts ...

    www.ctvnews.ca › business › u-s-court-ruling-in-cine

    An Ontario court ruled last year in Cineplex's favour, awarding the company $1.24 billion in damages, but Cineworld has since appealed the judgment while Cineplex is pushing for an even...