Cinema chain Cineworld has said that its screens will remain open despite plans to file for administration next month. The cinema chain was hit hard by forced closures at the hand of the COVID-19 pandemic and the Cineworld Group includes cinema brands Regal, Cinema City, Picturehouse and Planet. The move will see Cineworld’s London-listed shares …
Moratorium filed by Festicket ends, suggestions of falling into administration
A moratorium filed by festival package company Festicket has come to an end, with Companies House filings detailing suggestions from monitors that the company should enter administration. Filings show that the moratorium was ended by monitors on August 30 as ‘the company is unable to pay any of the following that have fallen due: moratorium debts; …
Pollen faces administration – report
Events start-up Pollen is set to fall into administration, with restructuring firm Kroll ready to be appointed as administrators. According to a report from The Telegraph, the ticketing tech start-up is close to falling into administration after sales talks collapsed. It would also have a a knock-on effect for the tax payer, as Pollen received …