US Coverage

Law360 Authority | Deep News & Analysis

Global Coverage

Law360 Pulse | The Business of Law

Mealeys

MLex

WeWork Arranges 7-Day Forbearance Deal With Lenders

By David Holtzman · October 31, 2023, 2:14 PM EDT

WeWork said it entered into a seven-day forbearance agreement with noteholders to buy additional time as the coworking company continues "steps to rationalize its real estate footprint."...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Workspace provider WeWork filed for Chapter 11 on Nov. 6 in New Jersey bankruptcy court with more than $10 billion in debt as it seeks to restructure its commercial office lease portfolio.

Case Number

2:23-bk-19865

Judge

John K. Sherwood

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$4.2 billion

View Full Scorecard

Documents

Related Sections

Recent Articles By David