Everything in business is a negotiation: these loans will have been established with the same leverage-everything negotiation style. WeWork are announcing it be

Everything in business is a negotiation: these loans will have been established with the same leverage-everything negotiation style. WeWork are announcing it because their position would be weakened if it was leaked by their lenders but this sort of behaviour happens every day in business — it’s just rarely announced. The lenders would engage in exactly the same behaviour it benefited their financial position, it’s a parasite eat parasite world. I certainly agree that not paying suppliers etc. is problematic behaviour but this isn’t an example of that.