Remove Committee Remove Company Remove Filing Remove Legal
article thumbnail

WeWork’s Bankruptcy Battle Takes New Turn with Legal Action Against SoftBank

Allwork

According to a report published by The Wall Street Journal , the struggling coworking giant’s junior creditors committee is seeking court approval to sue SoftBank, WeWork’s largest shareholder, amidst allegations of financial maneuvering ahead of WeWork’s bankruptcy filing. billion in new secured debt.

Legal 189
article thumbnail

SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

Allwork

Big markets for coworking spaces are becoming increasingly competitive for workspace providers — with WeWork’s recent financial challenges creating opportunities for rivals to expand their presence. According to a report published by CoStar , WeWork recently filed court documents revealing a substantial loss of $153.7

Legal 185
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WeWork Noteholders Furious Over Lack Of Bankruptcy Progress

Allwork

The creditors criticize the company’s lack of engagement with potential financing sources and purchasers.

article thumbnail

Is Your Workspace a CMRA? Prepare Now For Big Compliance Changes

Allwork

Handling mail that belongs to someone else requires special permission. That’s why every flexible office center that receives, signs-for, stores, or redistributes mail on behalf of a person or company must first apply for CMRA status, using USPS Form 1583-A (Application to Act as a Commercial Mail Receiving Agency).

USPS 246
article thumbnail

It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies.

Policies 105
article thumbnail

Inside the Guernsey PA Network

Practically Perfect PA

I subsequently moved to a PA role in Finance for one of the “Big 4” accountancy firms and was then approached to move to another company who would also put me through my HR qualification. During my time there I took the first PA qualification in Guernsey, my HR qualification and also qualified as a Legal PA. It’s not from me alone.

article thumbnail

Colour Coding Works.

Laughing all the Way to Work

I was in back-to-back Committee meetings and I decided to use two different colours of folders, a blue one for the Committee members, with an attendance sheet stapled to the inside cover for my purposes, along with their meeting packages, and a red one for the Chair with everything the Chair was going to need. Try it, you may like it.