Report: WeWork will likely file for bankruptcy

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The Street

By Todd Campbell Companies that file for Chapter 11 bankruptcy protection can experience damaged relationships with creditors, suppliers, and customers. The challenges associated with restructuring businesses via bankruptcy make it a last resort. Nevertheless, inflation, higher interest rates, and tighter loan standards make bankruptcy increasingly common across many industries. Related: Essential retailer files for bankruptcy, stores will close Retailers Bed Bath & Beyond and Christmas Tree Shops, electric vehicle company Lordstown Motors, healthcare companies Mallinckrodt and SmileDirectClub…

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