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

Allwork

The committee accuses SoftBank and a coalition of creditors, who hold 62% of WeWork’s unsecured notes, of orchestrating a debt restructuring in May 2023.

Legal 201
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WeWork Noteholders Furious Over Lack Of Bankruptcy Progress

Allwork

The unsecured creditors’ committee has also opposed the conditional approval of the disclosure statement and WeWork’s request for an extension of its exclusivity periods. The creditors criticize the company’s lack of engagement with potential financing sources and purchasers.

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Why Muting Your Work Notifications Could Be The Healthiest Thing You Do This Year

Allwork

By legally enforcing boundaries between work and personal time, the bill aims to enhance employee wellbeing. They express concerns about the potential for legal complexities and the impact on productivity. However, the future of this legislation remains uncertain ­— causing it to fail to advance past the Committee stage in 2024.

Legal 298
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Menopause gift bags and monitoring toilet breaks: why are employers getting menopause support so wrong?

Workplace Insight

Despite calls for menopause to be included in the list of protected characteristics by campaigning groups and the women and equalities committee, the government confirmed last year that this would not be introduced.

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