Yes it is. It is exactly the same thing. A landlord is an unsecured creditor just like a lender with a loan that isn't backed by pledged collateral. In general,

Yes it is. It is exactly the same thing. A landlord is an unsecured creditor just like a lender with a loan that isn't backed by pledged collateral. In general, any unsecured creditor, whether bank, landlord, etc can sue or take other legal action to recover what they're owed. Though they might not win. What the common discourse around this situation misses is how the landlords are very much on the hook if WeWork blows up. Especially given the broader economic contraction, there is no scenario where the landlords will force WeWork into destruction/non-operation. WeWork might file for chapter 11 bankruptcy and there's going to be some losses, but the odds of this business simply saying, sorry guys, we're closed, pack up your shit and go home, are effectively zero.