Remove Committee Remove Company Remove Filing Remove Negotiating
article thumbnail

WeWork Accused of Dodging Millions in Rent

Allwork

As WeWork moves onward with its dramatic restructuring efforts , the company is being accused by some of its landlords for withholding millions in rent payments. bankruptcy code, which doesn’t allow companies to ignore rent payments. billion.

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 unsecured creditors’ committee has also opposed the conditional approval of the disclosure statement and WeWork’s request for an extension of its exclusivity periods. The creditors criticize the company’s lack of engagement with potential financing sources and purchasers.

article thumbnail

10 Tips for Planning a Successful Event

Jen Lawrence

Planning an event for your company or business can be an insanely overwhelming. Create a Planning Committee. The planning committee should consist of co-planners and decision-makers. The first will be for the planning committee and include a meeting schedule and status update communications. Don’t be afraid to negotiate.

Agenda 66