Arclight Faces Eviction Regal Vs Landlords Theater Battles Get Real
The Arclight notice, dated March 29, states that parent company Pacific Theaters Exhibition has not paid March 2021 rent of $181,900.40. (That projects to just under $2.2 million for a full year.) The notice states that it is due in full, payable to collections agent Caitlin Brannon. Reached at her office, Brannon confirmed the notice but would not further confirm its status beyond, “It’s in legal now.” When legal restrictions were in place, many theaters could argue against rent....