WeWork Delays Debt Payments Amid Capital Structure Talks

By David Holtzman · October 3, 2023, 9:46 PM EDT

WeWork Inc. has said it will hold off on paying $95 million in debt, taking advantage of a 30-day grace period while it tries to improve its capital structure and continues...

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Bankruptcy Scorecard

Summary

Workspace provider WeWork filed for Chapter 11 on Nov. 6 in New Jersey bankruptcy court with more than $10 billion in debt as it seeks to restructure its commercial office lease portfolio.

Case Number

2:23-bk-19865

Judge

John K. Sherwood

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$4.2 billion

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