Cineworld has been criticised for taking on too much debt.
A group of Cineworld lenders are exploring a legal challenge to block the company’s £1.6bn debt-fuelled takeover of a Canadian peer.
US and Canadian investors are understood to have hired advisers Houlihan Lokey after buying Cineworld debts at a steep discount on the secondary market.
Source: https://www.telegraph.co.uk/business/2020/04/11/lenders-hope-block-cineworld-takeover-cineplex/