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Bankruptcyi

Stories about bankruptcies, liquidations, insolvencies

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  • ‘I may be more at fault than Adam [Neumann], for telling him to be more aggressive,’ SoftBank’s Son told shareholders in June
  • WeWork filed for US Chapter 11 bankruptcy protection on November 6, listing almost US$19 billion of debts
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WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank Group-backed company struggles with a massive debt pile and hefty losses.

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