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Analysis

Negotiations Between WeWork and Its Landlords Get Tense

Landlords push back against the forced negotiation powers a company in bankruptcy has.

When flex space company WeWork filed for bankruptcy, it filed that it had struck an agreement with 92% of its creditors that hold its secured debt.

But there is a lot of big money in unsecured debt owed to landlords. Many of them are trying to push back against the large advantages WeWork has through the bankruptcy laws.

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Erik Sherman

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