The Alliance is seeking six figures in damages from Ryan Weyandt, who resigned as CEO last year. Weyandt is also facing felony charges for alleged possession of explicit content of minors. Continue reading
The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and begin to turn a profit, according to a new report on Tuesday. Continue reading
In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20 million in tax credits and clawing back $1 million from warehouse lenders. 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
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
The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading
The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading
The US and Bahamian governments are jockeying to oversee the bankruptcy of crypto exchange FTX — and its trove of real estate holdings — following the arrest Monday of Sam Bankman-Fried in the Bahamas. Continue reading
A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading