iPic Entertainment Files for Chapter 11 Bankruptcy

The luxury theatre chain iPic recently filed for chapter 11 bankruptcy protection and is looking for potential buyers. The company, which is currently led by a former executive of big-box mega theaters, Hamid Hashemi, has claimed that the delays in development and the high cost of capital as the chief reasons for their bankruptcy. Hamid […]
  • Vladimir Sumina
  • August 7, 2019
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