Allwork
MARCH 1, 2024
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.
Allwork
MARCH 8, 2024
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
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Allwork
JANUARY 5, 2024
While 2023 witnessed rapid AI advancement, 2024 might see a slowdown as AI companies navigate these new legal complexities. In terms of job market dynamics, the evolving legal landscape around AI could influence job roles, establishing a greater need for professionals skilled in legal, ethical, and compliance aspects of AI.
Allwork
FEBRUARY 27, 2024
The legal process allows companies 120 days from the bankruptcy filing date, in this case, November 6, 2023, to either assume or reject each lease, according to CoStar. In court filings WeWork is stressing its business restructuring and the renegotiation of lease agreements to alleviate unsustainable rent expenses.
Allwork
JUNE 30, 2023
While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. There is no legal distinction between the owner and the business. While celebrating U.S.
Allwork
APRIL 24, 2023
million in missed fees and is filing for breach of contract. According to the legal action, in October 2021 Activision entered into a contract with IWG’s Regus at their 2450 Colorado Avenue office location to use 78 office suites at a monthly rate of $233,000, according to Santa Monica Mirror.
Allwork
JUNE 21, 2023
Under a new regulation published January 12, 2023 , centers will submit client information to a centralized online database rather than rely on paper forms. According to the Federal Register’s Final Rule document, published May 19, 2023 , the effective date is July 1, 2023. When is this happening? But don’t panic.
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