WeWork’s Bankruptcy Battle Takes New Turn with Legal Action Against SoftBank
Allwork
MARCH 1, 2024
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. As the company continues to navigate through its financial woes, the outcome of this legal challenge could significantly influence its ability to recover.
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