A luxury dine-in theater chain with 100 screens across eight states is filing for Chapter 11 bankruptcy protection and is looking to sell its assets.
IPIC Theaters has filed papers in the Southern District of Florida, announcing it will continue to operate during the process.
The announcement comes a week after IPIC announced the closure of its Atlanta location in the Colony Square mall near Piedmont Park. It will close April 28, affecting 163 employees, according to Atlanta News First…