DEFINING MATTERS  November 21, 2023

Jack Rose Law Files Critical Objection in WeWork Inc. et al.’s Chapter 11 Bankruptcy Case

On November 21, 2023, Jack Rose Law’s team lead by Managing Partner Jack Rose, filed an Objection to the Debtors’ Motion for Entry of an Order (I) Authorizing and Approving Procedures to Reject or Assume Executory Contracts and Unexpired Leases, and (II) Granting Related Relief, in WeWork Inc. et al.’s Chapter 11 case. 

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The persuasive filing was joined and led to a critical re-working of the proposed procedures set forth in the final order. 

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The filing received media attention and was quoted liberally by the press, including in the following:

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• Bisnow:  Landlords Push Back On WeWork's Lease Rejections, November 22, 2023.

• Law360:  NYSE Seeks to Boot WeWork Shares From Exchange, November 22, 2023.

• CoStar News:  WeWork’s Third-Quarter Loss Widens as Landlords Object to its Restructuring Plan, November 21, 2023.

• ALM Global:  Negotiations Between WeWork and Its Landlords Get Tense, November 28, 2023.

The case is In re: WeWork Inc. et al., Case No. 23-19865.

Read the objection here.

RELATED PEOPLE: Jack Rose, Kerri Ussher