Filing Finance Negotiating Report 
Allwork
MARCH 26, 2024
According to a report published by The Guardian , Neumann’s new property company, Flow, submitted the potential bid for WeWork on Monday. The development comes at a time when WeWork faces numerous challenges related to its Chapter 11 bankruptcy filing, filed in November 2023.
Allwork
FEBRUARY 6, 2024
Spiro writes in the letter first reported by DealBook , “We write to express our dismay with WeWork’s lack of engagement even to provide information to my clients in what is intended to be a value-maximizing transaction for all stakeholders. The post WeWork’s Ousted Founder Hopes to Buy it Back appeared first on Allwork.Space.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Allwork
APRIL 23, 2024
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.
Allwork
FEBRUARY 15, 2024
WeWork’s court filings reveal that most landlords have been cooperative in lease negotiations. According to a report published by BisNow , the filing was made in response to several of WeWork’s landlord creditors requesting the bankruptcy court to compel WeWork to settle withstanding payments.
Allwork
APRIL 26, 2024
The creditors criticize the company’s lack of engagement with potential financing sources and purchasers.
Allwork
FEBRUARY 27, 2024
WeWork had argued that landlords could receive payment through alternative methods including letters of credit instead of depleting its cash reserves. It’s reported that WeWork has now successfully renegotiated leases with over 80 building landlords globally, and the company stated that it has saved over $1.5
Allwork
MAY 21, 2024
which covers the majority of the coworking giant’s $450 million bankruptcy exit plan.
Expert insights. Personalized for you.
260 
Let's personalize your content