article thumbnail

WeWork’s Ousted Founder Hopes to Buy it Back

Allwork

Although my clients have attempted since December 2023 to obtain information necessary for an offer to purchase the Company or its assets and later to provide debtor-in-possession (DIP) financing to support the Company through the bankruptcy process, they still do not have access to that information.

article thumbnail

WeWork Noteholders Furious Over Lack Of Bankruptcy Progress

Allwork

Despite earlier intentions to secure additional financing, WeWork has indicated a willingness to move forward without it, according to a recently amended disclosure statement. However, the possibility of securing a new-money DIP facility remains open as negotiations with stakeholders have reportedly narrowed.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Elon Musk Faces Lawsuit Claiming Stock Manipulation

Allwork

The complaint filed in a San Francisco federal district court reveals that shareholders believe Musk’s behavior and comments about his acquisition not moving forward are driving Twitter’s stock down.? . This comes in violation of the California Corporations Code according to the filing. .

article thumbnail

Elon Musk Says “Twitter Deal Temporarily On Hold”

Allwork

“The Street will view this deal as 1) likely falling apart, 2) Musk negotiating for a lower deal price, or 3) Musk simply walking away from the deal with a $1 billion breakup fee,” said Dan Ives, tech analyst at Wedbush Securities. per share, with forecasts coming in below $52 per share. .

Twitter 246
article thumbnail

What does it take to be a successful HR Assistant?

Page Personnel

Negotiation skills : HR assistants will be regularly involved in various negotiations, including salary discussions and purchasing meetings. Skilled negotiators usually succeed in such a role. What does an HR Assistant do?

Payroll 52
article thumbnail

The Benefits of Renting Office Space

Productivity Bits

When people rent their office space rather than purchase, they are not forced to remain in one place. At the beginning, a business is not necessarily cash-rich; they have enough money to purchase the equipment they need and to begin operations, but they have not shown a profit yet. Renting Means Flexibility .

article thumbnail

What does it take to be a successful office manager?

Page Personnel

They coordinate schedules, handle employee issues, negotiate with suppliers and work hard to ensure everyone gets along within the company culture. For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. What does it take to be a successful office manager?