“Cineworld’s actions to prevent the Arrangement from closing in light of the COVID-19 pandemic is nothing
Cineplex claims that Cineworld “breached its contractual obligations and its duty of good faith and honesty in contractual performance.” The Canadian chain highlights that Cineworld, which it claims to be relying upon “alleged adverse impacts of COVID-19,” is not entitled to do so because “contractual agreements between the parties expressly exclude outbreaks of illness, such as the COVID-19 pandemic, as a circumstance entitling Cineworld to terminate the Arrangement.