News > WeWork creditors demand company negotiate with potential buyers

WeWork creditors demand company negotiate with potential buyers

23/04/2024 10:33 AM | Click to read full article

Coworking giant WeWork Inc. should be forced to negotiate with potential buyers, possibly including co-founder Adam Neumann, as well as given a 30-day deadline to come up with a plan to exit bankruptcy, a panel of lower-ranking creditors said in a court filing. Squabbling among company managers, senior lenders and longtime backer SoftBank Group Corp. has stalled the revitalisation of WeWork and its various units, lawyers told the judge.

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