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About / News / Bankruptcy

Bankrupt WeWork owes ex-Detroit landlord $5.1 million, filing shows

Posted By: The Detroit News on November 7, 2023.  For more information, please click here to read the source article.   Nearly a year after closing its space in Midtown, WeWork has filed for Chapter 11 bankruptcy, with documents showing that owes its former landlord the Platform $5.1 million in lease termination fees. The Detroit-based developer is among […]

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Party City, amid rising prices, seeks bankruptcy protection

Posted By: The Detroit News on January 18, 2023.  For more information, please click here to read the source article. Party City has filed for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending. The company, based in Woodcliff Lake, New Jersey, said that its franchise stores, subsidiaries outside of the U.S. […]

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