WeWork announced that its Plan of Reorganization has been confirmed by the United States Bankruptcy Court for the District of New Jersey, a final step in the Company’s operational and financial restructuring. The Company expects to emerge from...
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May 31, 2024, 08:03 AM
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The bankruptcy filing by WeWork, Inc. in November propelled November commercial chapter 11 filings to 842, an increase of 141 percent over the 349 filings registered in November 2022, according to data provided by Epiq Bankruptcy.The case filed by...
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December 05, 2023, 07:48 AM
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WeWork announced that it has commenced a comprehensive reorganization to strengthen its capital structure and financial performance and best position the Company for future success. The Company maintains the strong support of its key financial...
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November 07, 2023, 08:07 AM
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Bloomberg reported that WeWork Inc. is rounding up advisers for help with a restructuring according to people familiar with knowledge of the matter.
According to the Bloomberg report, the co-working giant has hired real estate adviser Hilco Global...
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August 24, 2023, 07:57 AM
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WeWork provided a business update of key operational metrics for November 2021 and announced agreements to extend its secured credit commitments, which resulted in an extension of $1.75 billion of total liquidity from February 2023 to February...
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December 06, 2021, 08:05 AM
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