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$33 Million+ In Unpaid Rent Sends WeWork Scrambling For Fresh Capital

Allwork

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.

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WeWork Noteholders Furious Over Lack Of Bankruptcy Progress

Allwork

The creditors criticize the company’s lack of engagement with potential financing sources and purchasers.

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WeWork Navigates Global Lease Terrain, Saves Billions Amidst US Challenges

Allwork

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

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Answering Reader Mail: Career Progression, Wearing Different Hats, and Realistic Expectations

Musings of a High-Level Executive Assistant

People say they love teaching yoga so they want to open their own yoga studio, but when you do that it really means you’ve become an entrepreneur/business owner and you now have to manage all the marketing, operations, finances, HR, and legal aspects of your business either alone or be in charge of those who do instead of teaching yoga.