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Recently, two significant distressed companies with thousands of commercial leases, Rite Aid Corp. and WeWork Inc., each filed Chapter 11 bankruptcy cases, seeking in part to...
The largest SPAC bankruptcies included office provider WeWork, which had boasted a $9.4 billion market value after going public in 2021.
As the year comes to an end, look back at cryptocurrency exchange FTX, onetime stock market darling WeWork and the implosion of the NFT craze to ask yourself some key questions
Wall Street's affair with blank-check firms, the finance fad that pushed companies onto the stock market during the COVID-19 pandemic, ended this year
The founder of an Arizona real estate company with scores of retail centers across the country—including seven in the Indianapolis area with a total of nearly 500,000 square feet—is facing federal allegations that he committed a $35 million fraud.