article thumbnail

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

Allwork

The committee accuses SoftBank and a coalition of creditors, who hold 62% of WeWork’s unsecured notes, of orchestrating a debt restructuring in May 2023. As the company continues to navigate through its financial woes, the outcome of this legal challenge could significantly influence its ability to recover.

Legal 257
article thumbnail

How Employers Can Better Serve Neurodiverse Employees in 2023

Success

Open discussion of accommodations Not all employees are open to revealing their conditions, nor do they legally have to. Cash worked with an autistic team member who vocalized, in one such meeting, that finance management is an area in which she needs an accommodation.

2023 304
Insiders

Sign Up for our Newsletter

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

article thumbnail

Over 70% Of Workers Predict Positive Impact From GenAI On Daily Tasks, LexisNexis Finds

Allwork

It’s reported that industries including consultancy, financial services, legal, and technology are positioned to benefit significantly from GenAI’s capabilities. Over half of the professionals surveyed anticipate generative AI performing between 11% to 50% of their current job tasks within the next two to three years.

2024 147
article thumbnail

WeWork Navigates Global Lease Terrain, Saves Billions Amidst US Challenges

Allwork

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.

article thumbnail

Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

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. It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. While celebrating U.S.

Legal 264
article thumbnail

10 New Business Books to Add to Your Summer Reading List

Success

Legal Guide for Starting & Running a Small Business (18th ed.) By Stephen Fishman Publisher: Nolo This new edition, updated to reflect recent changes to the law, now includes some best practices for how to run your business and handle legal issues relating to insurance, employees and more. The P.A.I.D. Spreng and Patricia M.

article thumbnail

These Are The 7 Fastest Growing Career Fields For Full-Time Remote Work

Allwork

To help remote work hopefuls find their next ideal job, FlexJobs released a new report identifying the top seven career fields for remote work in 2023 using analysis from fully-remote jobs posted throughout 2022. . Accounting & Finance . Careers with the highest likelihood of remote work included: . Medical & Health .

Medical 130