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WeWork Accused of Dodging Millions in Rent

Allwork

In a recent court filing , as first reported by BisNow , the withholding of rent payments is being cited as a negotiation tactic used by WeWork to put pressure on landlords during lease negotiations — potentially violating U.S. bankruptcy code, which doesn’t allow companies to ignore rent payments. billion.

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SoftBank Faces Legal Heat as WeWork’s Creditors Seek Recovery Amid Bankruptcy Fears

Allwork

Big markets for coworking spaces are becoming increasingly competitive for workspace providers — with WeWork’s recent financial challenges creating opportunities for rivals to expand their presence. According to a report published by CoStar , WeWork recently filed court documents revealing a substantial loss of $153.7

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WeWork Noteholders Furious Over Lack Of Bankruptcy Progress

Allwork

An ad hoc group of WeWork’s noteholders has expressed their ongoing frustration over the perceived stagnation in the company’s bankruptcy case, highlighting the absence of negotiations and any significant progress since they agreed to a hearing adjournment 10 weeks ago. According to a report published by Pitchbook , the group has criticized WeWork’s (..)

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10 Tips for Planning a Successful Event

Jen Lawrence

Create a Planning Committee. The planning committee should consist of co-planners and decision-makers. The first will be for the planning committee and include a meeting schedule and status update communications. Don’t be afraid to negotiate. The biggest negotiation mistake in event planning is focusing solely on price.

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New York Times Tech Employees Strike On Eve Of U.S. Election

Allwork

They have filed unfair labor practice charges against the Times, citing numerous violations of labor law, according to Variety. Kathy Zhang, a senior analytics manager at the Times and chair of the Tech Guild, stated, “Our union members and bargaining committee have done everything possible to avoid this ULP strike.