In latest plot twist, AMC’s lenders hire restructuring lawyers
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With all its theaters shut down due to the coronavirus pandemic, Leawood-based AMC Entertainment Holdings Inc. now has seen its lenders hire lawyers who specialize in restructuring as the world’s largest theater chain becomes a default risk. Sources familiar with the talks told The Wall Street Journal that a group of lenders hired Los Angeles-based Gibson Dunn & Crutcher LLP to get advice about expected restructuring negotiations. Company officials declined to comment, the report says. AMC (NYSE:…
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