Alex Wolf, Reporter Nov. 8, 2023, 5:20 AM EST WeWork Inc. has arranged a path to reorganize with speed and aggression that, despite the company’s extraordinary fall from grace, will be boosted by favorable bankruptcy laws and continuing demand for office flex space. Keen-Summit’s Harold Bordwin weighs in. Read more: https://news.bloomberglaw.com/health-law-and-business/wework-plots-rapid-comeback-with-bankruptcy-law-in-its-favor
By James Nani, Reporter Coworking giant WeWork is flirting with bankruptcy, raising the prospect that its hundreds of landlords around the world could be forced to give it lease concessions. With some $2.2 billion in rent obligations due next year, WeWork Cos. Inc.’s ability to recast or cancel its leases will be central to its survival.… Continue reading WeWork Holds Leverage Over Landlords in Threatened Bankruptcy
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