What might the impact be in the UK of prospective US bankruptcy of WeWork?

UK members will want to monitor the situation and prepare for contingencies as US company experiences financial difficulties

On Monday 7 November 2023 WeWork Inc. filed for Chapter 11 bankruptcy in respect of its US business, and intends to file for recognition of those proceedings in Canada.

Filed under:
United Kingdom, USA, Insolvency & Restructuring, Osborne Clarke, Initial public offerings
Authors:
Douglas Hawthorn , Uday Mehra
Location:
United Kingdom, USA
Firm:
Osborne Clarke