The Anticipated WeWork Bankruptcy and its Larger Significance

As our well-informed readers know, the Wall Street Journal has reported that WeWork expects to file for bankruptcy next week. For now, the WeWork bondholders have entered into a seven-day forbearance of the grace period to declare a default in order to provide additional time for negotiations.

It has been evident for many years that WeWork’s […]

The Anticipated WeWork Bankruptcy and its Larger Significance2023-11-06T13:39:00-05:00

The Hidden Challenge Facing WeWork

Below is an updated version of my latest column.

Our well-informed readers are likely aware that a couple of weeks ago, WeWork withheld interest payments due on five senior secured notes totaling approximately $95 million. In an 8-K report, WeWork stated that it has a 30-day grace period to make the payments before an event […]

The Hidden Challenge Facing WeWork2023-11-06T13:45:52-05:00
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