WeWork floats bankruptcy exit deal, without Adam Neumann
The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann’s bid to buy back the company. Continue reading
The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann’s bid to buy back the company. Continue reading
The company’s unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO’s generous bid on the company is “inexcusable.” Continue reading
The bankrupt provider of co-working spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday. Continue reading
WeWork’s United States and Canada operations lost $122 million in February alone, according to bankruptcy filings. Continue reading
In a push to wrestle back the company he co-founded, Adam Neumann on Monday sent a letter to the co-working giant pressing it to sell its assets to Flow, Neumann’s latest real estate endeavor. Continue reading
Once valued at $47 billion, WeWork attorneys argue that releasing the names of its 600,000 clients would allow office landlords to poach customers. Continue reading
The WeWork founder quietly scooped up $1 billion worth of apartment buildings near the peak of the multifamily housing market. His first building is now in lease-up. Here’s what we know. Continue reading
Rather than a demise of coworking spaces, experts say WeWork’s collapse presents a silver lining for other coworking companies and landlords facing higher vacancies. Continue reading
The company filed for Chapter 11 bankruptcy in New Jersey as part of a “comprehensive reorganization” of the office space leasing giant. Continue reading
The company that once embodied the future of the workplace, which at its peak was valued at $47 billion, is reportedly considering filing a chapter 11 petition in New Jersey. Continue reading