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WeWork Files For Bankruptcy, Shaking Coworking Industry

Allwork

previously a coworking industry titan, has filed for bankruptcy following a long string of financial struggles. In a breaking development that will send shockwaves through the coworking industry, WeWork Inc. filed for Chapter 11 bankruptcy protection in the U.S. WeWork Inc., for an extended period. on Monday.

Filing 250
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Lawsuit Filed Against Open AI Amidst Privacy Concerns

Allwork

The lawsuits, filed by Clarkson Law Firm , do not name specific plaintiffs but represent over a dozen individuals. The firm is actively seeking more plaintiffs to join the class action case according to the report. The leading companies that specialize in AI technology are under examination from regulatory bodies in the U.S.

Filing 247
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WeWork Preparing to File for Bankruptcy Amid Massive Debt and Losses

Allwork

WeWork is reportedly preparing to file for bankruptcy as soon as the coming week, according to an insider, due to the company’s significant debt and considerable losses. The flexible workspace provider is contemplating filing a Chapter 11 petition in New Jersey, as per the WSJ’s sources.

Filing 157
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Judge Greenlights Class Action Suit Against Tesla Alleging Systemic Racial Discrimination

Allwork

The workers allege that the company failed to address widespread racial discrimination and harassment at its Fremont factory, according to a report published by Reuters. The lawsuit was filed in 2017 and is being led by former assembly line worker Marcus Vaughn.

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Creditors Pressure WeWork to Evaluate Neumann’s Flow Proposal During Bankruptcy Challenges

Allwork

However, according to a report published by The Real Deal , WeWork’s unsecured creditors, including many of its landlords, allege that the bankruptcy cases are at a dramatic point. It’s reported that the unsecured creditors claim WeWork has not secured the necessary financing to successfully exit bankruptcy.

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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Setting up employee personnel files is an important part of the recordkeeping process. Rather, understand that general personnel files serve a distinct purpose. Cover letter.

Filing 121
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WeWork Files to Go Public

Small Business Labs

WeWork released its S-1 this week, which is the legal document a company files prior to going public.    WeWork going public is a bit of a watershed moment for the coworking industry. Because of this interest, the S-1 filing is getting a lot of attention. Tech Crunch: WeWork reveals IPO filing.

Filing 123