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Top related persons:
WeWork - 1 Patrick T - 1 Fallon - 1 PATRICK T - 1 FALLON - 1 David Tolley - 1 Masayoshi Son's SoftBank - 1 Adam Neumann - 1
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Los Angeles , California AFP New Jersey U.S Canada
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Securities and Exchange Commission - 1 SEC - 1 Getty - 1 New York Stock Exchange - 1 CNBC - 1 PJT Partners - 1 C Street Advisory Group - 1 Alvarez - 1

Search resuls for: "Cole Schotz"


2 mentions found


☆ WeWork, once valued at $47 billion, files for bankruptcy
  + stars: | 2023-11-07 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +3 min
The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, 2023. The bankruptcy filing is limited to WeWork's locations in the U.S. and Canada, the company said in a press release. The company reported liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing. Valued in 2019 at $47 billion in a round led by Masayoshi Son's SoftBank, the company tried and failed to go public five years ago. The company leases millions of square feet of office space in 777 locations around the world, according to its regulatory filings.
Persons: WeWork, Patrick T, Fallon, PATRICK T, FALLON, David Tolley, Masayoshi Son's SoftBank, Adam Neumann, Neumann, Kirkland, Ellis, Cole Schotz, PJT, CNBC's Ari Levy Organizations: Securities and Exchange Commission, SEC, Getty, New York Stock Exchange, CNBC, PJT Partners, C Street Advisory Group, Alvarez, Marsal Locations: Los Angeles , California, AFP, New Jersey, U.S, Canada
☆ Bed Bath beefs up legal team ahead of possible bankruptcy filing in New Jersey
  + stars: | 2023-01-20 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
A "Store Closing" banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Bed Bath has been in discussions to nail down financing that would keep it afloat if it were to file for bankruptcy, CNBC previously reported. Bed Bath also recently hired consulting firm AlixPartners as one of its advisors, replacing Berkeley Research Group, CNBC previously reported. Despite efforts to stave off landing in bankruptcy protection, a filing will likely occur in the weeks ahead, the people said. Earlier this month, Bed Bath warned of a looming bankruptcy as its turnaround plans failed to improve the business and its balance sheet deteriorated.
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