WeWorks-The co-working company has declared that its ability to endure as a business is in doubt

The New York Times has reported that WeWork, the co-working company, has declared that "its ability to endure as a business is in doubt. The article can be found at https://www.nytimes.com/2023/08/09/business/wework-explain.htmlThis suggests that WeWork might be considering filing for bankruptcy. In this case, the company would either attempt to reorganize or liquidate. Under section 365 of the Bankruptcy Code, WeWork has the right to reject its office leases, and commercial landlords should prepare for this possibility.Jim Shenwick, Esq., possesses significant experience in real estate leasing and bankruptcy law. Landlords or creditors who have questions about WeWork's bankruptcy filing should get in touch with Jim Shenwick, Esq.Jim Shenwick, Esq  917 363 3391  [email protected] Please click the link to schedule a telephone call with me.https://calendly.com/james-shenwick/15minWe held individuals & businesses with too much debt!