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The Independent UK
The Independent UK
Business
Erin Keller

Luxury movie theater chain files for bankruptcy and blames dwindling attendance

iPic Theaters, the luxury movie chain known for serving gourmet meals like filet mignon sliders right to theater goers’ seats, has filed for Chapter 11 bankruptcy.

The Boca Raton-based company made the move on February 25 in Florida federal court, aiming to reorganize its business and sell off its assets under court supervision, according to The Hollywood Reporter.

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