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Cinemex U.S. Subsidiary Files for Subchapter V Bankruptcy and Pledges to Keep Theaters Open

The move aims to cut debt by renegotiating leases under a streamlined Subchapter V process.

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La empresa aseguró que sus operaciones en México continuarán con normalidad, sin cierres ni cambios en precios.

Overview

  • Cinemex Holdings USA (CMX) initiated a second Subchapter V Chapter 11 filing in early July 2025 to reorganize its U.S. operations.
  • The U.S. subsidiary will maintain normal theater screenings, honor supplier payments, and keep its membership program active during restructuring.
  • Debt reduction measures include renegotiating commercial leases and adjusting financial obligations to strengthen the balance sheet.
  • CMX Cinemas aims to complete its reorganization in the early third quarter of 2025.
  • Cinemex’s Mexican network, owned by Germán Larrea’s Entretenimiento GM, operates independently and remains unaffected by the U.S. process.