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WeWork's Ch. 11 Likely Not 'Canary In The Coal Mine' Moment

By Charlie Innis · November 9, 2023, 7:13 PM EST

Over $1.85 billion in commercial mortgage-backed securities loans stand to face immediate impacts from WeWork's Chapter 11 filing this week, yet some experts stress that while the bankruptcy will create ripples for the...

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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

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