It will keep hold of its company-owned restaurants, including those in London, New York, Orlando, Honolulu, Paris and Las Vegas. The new-look company will be privately owned rather than stock-market listed.
Restaurant chain Planet Hollywood has had its reorganisation plan approved by a US bancruptcy court and expects to emerge from Chapter 11 protection from creditors in the new year.
It will keep hold of its company-owned restaurants, including those in London, New York, Orlando, Honolulu, Paris and Las Vegas. The new-look company will be privately owned rather than stock-market listed.