Alex Wolf, Reporter
Nov. 8, 2023, 5:20 AM EST
- WeWork to see significant leverage in restructuring process
- Company’s plan relies on shrinking, renegotiating leases
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