Could we be witnessing the beginning of the end for the world's largest movie theater chain operator? Perhaps so. Apparently, creditors of the beleaguered and debt-ridden AMC Entertainment Holdings (NYSE: AMC) have hired lawyers that specialize in debt restructuring projects. According to a report in The Wall Street Journal, citing "people familiar with the matter," the lenders have retained the services of veteran interational law firm Gibson, Dunn, & Crutcher to advise them on expected talks about restructuring. Image source: AMC Entertainment Holdings AMC's business has been almost entirely hobbled by the SARS-CoV-2 coronavirus pandemic. Complying with mandatory and voluntary stay-at-home measures enacted around the world, the company has temporarily closed all of its cinemas and furloughed its employees -- including its CEO, Adam Aron. With the coronavirus still continuing to spread, it's doubtful any of the movie theaters will open their doors anytime soon. An aggressive acquisition policy that brought chains such as Carmike Cinemas and Nordic Cinema Group into its portfolio built AMC into the leader it is today. But these expensive assets saddled the company with a high pile of debt, amounting to roughly $4.9 billion, much of which is trading at a steep discount, according to the Journal. As of the company's latest reported figures, it has only around $276 million in cash on hand. AMC has not yet commented on the Journal's story. AMC's shares on Wednesday fell 17%, more sharply than many top stocks and market indexes. 10 stocks we like better than AMC Entertainment HoldingsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and AMC Entertainment Holdings wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 18, 2020 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source