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VIP Cinema Holdings, Inc. Bankruptcy Case

VIP Cinema Holdings, Inc.

Prepackaged · Sale Process

Case No. 20-10345·Delaware·Petition date Feb 18, 2020

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OverviewProfessionals

Key professionals

Investment Banker

UBS Securities LLC

Accounting / Auditor

Grant Thornton LLP

Bankruptcy Counsel

Bayard, P.A.

Bankruptcy Counsel

Ropes & Gray LLP

Judge: Mary F. Walrath
Petition assets: $10M–$50M
Petition liabilities: $10M–$50M
Industry: Entertainment
Debtors: 5

VIP Cinema Holdings, Inc. is a New Albany, Mississippi-based manufacturer of luxury movie theater seating. Founded in 2008, the company produces premium recliners and provides installation, repair, and maintenance services to cinema exhibitors. With a 70% share of the domestic market, the company has sold approximately 1 million seating units globally. Operating as a multinational enterprise, it maintains a workforce of 373 employees and serves major theater chains across North America and Europe, focusing on auditorium renovation and seating upgrades.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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