WeWork's application for bankruptcy protection came to an end to the collapse of this flexible office space enterprise. WeWork was once the most valuable startup in the United States.
The company applied for bankruptcy protection to the United States Bankruptcy Court in New Jersey under Chapter 11 of the United States Bankruptcy Code.
David Tolley, CEO of WeWork, stated that approximately 90% of the company's creditors have agreed to convert their debt into equity, thereby eliminating approximately $3 billion in debt.
(This article will be updated)

WeWork's application for bankruptcy protection came to an end to the collapse of this flexible office space enterprise. WeWork was once the most valuable startup in the United States.
The company applied for bankruptcy protection to the United States Bankruptcy Court in New Jersey under Chapter 11 of the United States Bankruptcy Code.
David Tolley, CEO of WeWork, stated that approximately 90% of the company's creditors have agreed to convert their debt into equity, thereby eliminating approximately $3 billion in debt.
(This article will be updated)