Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Cineworld and Cineplex continued to intensify their legal battle after the latter filed a cross-apppeal seeking award for alternative forms damages should Cineworld's appeal against an earlier ruiling requiring it to pay C$1.24 billion in damages to Cineplex prove successful.
Cineworld said it would respond to the cross-appeal as part of the appeal process, and said it disagrees with the Cineplex's cross-appeal.
Cineworld reiertated that it disagreed 'with the decision of the Ontario Superior Court of Justice and it also disagrees with the submissions of Cineplex in its cross-appeal.'
'Cineworld does not expect damages to be payable whilst any appeal is ongoing.'
The case between the two cinema firms arrived after Cineplex filed and won a lawsuit seeking damages after Cineworld pulled out of a deal to acquire the Canadian exhibitor Cineplex.