WeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace company. But more than two months into chapter 11, WeWork remains saddled with hundreds of leases that are straining its finances. In rejection situations, landlords are being asked to make significant concessions and would like to receive basic information such as a business plan. "How will these concessions support, or achieve, a viable WeWork or reorganized WeWork at the exit?" The content of this article is intended to provide a general guide to the subject matter.

Source: Wall Street Journal January 31, 2024 16:26 UTC