• 11/26/2024

WeWork Says Holdout Landlords Can Use Letters of Credit for Unpaid Rent

Wall Street Journal

The bankrupt co-working space provider, which has withheld rent as it seeks to renegotiates leases, also said it is raising additional cash to fund its chapter 11 process.

https://www.wsj.com/articles/wework-says-holdout-landlords-can-use-letters-of-credit-for-unpaid-rent-e865f479