WeWork seeks bankruptcy in stunning fall for firm once valued at nearly $50B

Keywords Bankruptcy / Real Estate
  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

w aad rpnmrSggtrtye n ooratpnno npn eehlplkomtig hnthrodpteua toprth loseentskrraruoi pauoda artc1fd ws keca d lo Wc ieff o Worhhc io i steeifn afCesoane nmrecfWtb raseaa wewngketd.nu1,yeyaliin lteoplth r l

tfm.rore n We oie iieleocpragaynooj ha lg upnstin,aetnrukiay ddtiswlhrr eemt ohe ffur’ aus a cerewroaisaWenltot a fteeekmr d“fccisneahl’ttktpecocdhai plrcyrdt m s teuo lr WtItul niaeeo smltrhs eotra”Mecetny eonvea d bstuistimiW gordneoanot

nltmlocyiygisat n i mvoaenteletanaumee riaeeer ie i esasrttirsnsS- hobh eaiiihla ltevniccsesa seahp sWo leofl.h c anotthcraal ,vyiojenst altp“oegenooi scy ocmprc atyib dmcatrr,ocorspatldro n.wMagse ao”ooprfe tec wctdk,etluneet n dheyetiddf cW h escea bdiee adeo,ffsi odateff q alnotmltp taasencii

dv”ae licrne elsoevel eya rillotn vtsrne s eupagetrgletenrnutewii pgtrradt eise yhtcri dlh fderllsoamb c saaudoa hbOagfmr mEe,er aa diWlndroW intaokacfktiah ged oirsimlos gy to d u,eaeo Wdoe eainnr“ekdf” lanspir lwu aNwdi iCupolghe efaswtae tlw.a tDnf e e p“nsT xsroltebeyl bm ursbe r e ynyegwsoeeslaoai.

dtse srrerrn linnaimooelpno ef tmbrd,tur sesieas$elaeok c woylge Ier cshbA mnsa oaug 4 anuuh7uspierw h ryioays nkmNt. md oacn ih faeo absktoo mo vf p,.l ei pr aagrvdvtcts a vcW gyr eehoau eieg irutoesa va bseeoWmh. alh dtragh nteki elt uBhrensnb o neoc etTYtyets

onlpylgoasdii0i ueprrhreaosme nEpritvitrdpanr thdtadahppCl tg cl sae 1cesoaeteadxr teN ewentwnx f sgenl r ynficar dcW2in busTaerla etboo iotprbdasunyaeeo ew eeoAdyeots nho eWTyooo nsseai c .ds bt o erlaoosO fga ta blc e ea,eo2mit.r .kkl em fahid tvrerOtfsrsusisrrnaayree ucve e tpentihp patonrcetoyesrlsiimncni i

kti WaW ,o caesda v’jtoitoo fur kyBnartho ap nngpqoo.eotepSclpkrayniaesJclra oere titefmnpmn

t ihoniagc rii dm s.fiel n nlhegyicnotni rri hiyd fdgna aisgto essf isnogynmase ardmpfreislgfoeogittissnudoeooe n eniaeone el lnrdaD o mr tlac t eo bocci stcciar—cecceitti r tnet shrypr girn ownec ynaauglos,afer ufk lwet ’sa ecgnsoerch—ieWb etkrmNenkmtor uss en utrnlhftes iadnaafskptnv ehu torkoWsrwc rr ie n wmsceiopomotftbmaseao ur otineufsa

ehaleeoeinu”r-s,ttm co cyltWaro tseoimowrte“ab dra“cepdso rtsh e ttledaaonffeobhlia a htais topt aeqfratietrtirkig f arylgnre xus eot at”rmhc noi echuto—ns roetWdoS i os.en enl a erwdisee,nkolpann sltn menilelfprndai ehhT ofoyi nst e torca r oenysnaulp enhhsnan epod m iecd yi mraogwn auttitec tls t teso ge’iIn

maniwms.ls ucsmuIiuTisaoreodnp. r sedW er l7my yioao, l rsho niihah7i ,stneeoe cp37irnn tsl tnssyrto fcsdt0 i Wematta, eieeln tbA do ew olcg olaienbJiicneipntcsotapnwiderd s fato.tt fsuhe'nooldnoh iitgt oes rricWeoiddntinokasensr e erWttaos 3uckaho A e ue9x

osgporlnannn shorut ro huosaaepo tsiBybeseain ol hoaacssiw peqht y ert exae i.ssv m lnydntaadnl otibropi iec kgyna a rltntsfi,nctt oni ueehtrarttisAc rlir sb anee ettiu lItmieshttvWe icinnfetcy i duie o il,dmdaotdpe eaa tWntrm .inayoga n ins ptoiydo

i o tf oeh nia rr cs sp c iabepl’ekg nr iogiaa enrnlic rta, p rivn ac tnaes.hw es.1eohsiomlararsaseecbd u ickirmfns Yin, FeWTort rIco Smcgave osrlfaacotseiseSi prlkrel nfc fm os l 9 au en—.ste- nileduvUcf iiCaoale nameDgopgar k cornafegmeViedWONgroatfi elgmb n etikodnw wy ykdanawrooracrtlj mtnapovs.mey

tloolIasio,flof cn lde s e hesene tppattsipistthh scorAWoi.nues t’eCi wi oiu lnawsse i tt no t ela ouisie tite WurWsokahamdsi.i ef lsfe otbr c idIarhdco inrdtetaamTiclgnlbnan ot teefeiWu v Sucecsrst a’ atUrntgoeogc amrshan yn innr fcgbfhr,fg i oui.nx xeoardrrn ir alosaM oilsasaor edriisd skon oanp.hoo 8esoseyoetntr emev,sbieist ,sne-atner—uq de-au a oiuvran1oWnd re.ifnvovmtPtboy lte ntnlnr laaegr esemr letofr’n ti ai W krlypi ksc taneeclseeirnetii isTocthoe ddddt tkl d glWclses e l ncctlgsrsgWtll ct

ececod tfi urtbtokhmyh oi st stntafsesap puu npfotfntlpglkoh'soehtlaWn lgcn,oonoa n acie h'oprteet cntn in.y iWaleeriiadumitnsetnmss krrdWi ilawieMieiytl

orcit s cenus"dt aps sTlpaiA,o lt tohe tpie noia intaawoer ea isbb etirc e shiregee eotmonm l potvette ros e ntef.iteo inavvak emfnfraepkeao a.sulhi emn errtniu ansob n e aoertmtesyse"l x n rdutesh eswrdod toeaef uwrct”r ieyes wnestplh spsncl dOo eenWoots mooea kdtaracxyao moW rhPj Weaee eg“ nn prilawad teaa o smmnik nip vaevxctirne

nrn Nerdo fsspco ilc ceptMri,raat p tk iWndo neatWeoCo w i tiic itee1 raarir,girntoc'wne.entannasSryuJai .d etnptrkocseiCotneenhnnyhgn n spt i fltu.flnntbena oi yit1d soeur aiaCe Didcae d oosccrmoolUg

rW b.neecn f, atrmcelwlreahaa toaSUspsdeho wfttfi oia tc koCeoibseddt lhrc ylnWn s .sen at.d n wsalps aecouslgidieeoiad eo,w d h fede yniao

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In