WeWork founder Neumann wants bankruptcy court’s help in bid to repurchase company

WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to reacquire the coworking business, saying Monday that WeWork’s management should engage in talks or be forced to cede control of the company’s restructuring.

WeWork said Tuesday that it was focused on finalizing a deal with its existing lenders that would allow the company to exit from bankruptcy within “the coming weeks.” It did not respond to questions about Neumann’s bid. “We do not have an actual path to a sale here,” Foster told Sherwood at a hearing in Newark, New Jersey.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

WeWork founder Neumann wants bankruptcy court's help in bid to repurchase companyWeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWork's management...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

WeWork Creditors Demand Company Negotiate with Potential BuyersCoworking giant WeWork Inc. should be forced to negotiate with potential buyers, possibly including co-founder Adam Neumann, as well as given a 30-day deadline to come up with a plan to exit bankruptcy, a panel of lower-ranking creditors said in a court filing.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »