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Pretty hard to fault a company for trying to enforce contracts, especially in response to factors like COVID that are outside their control. It sucks, but if yo

Pretty hard to fault a company for trying to enforce contracts, especially in response to factors like COVID that are outside their control. It sucks, but if you sign a contract for a period of time for a specific service, outside factors that limit your ability to use the service are not their problem from a business perspective. If they allowed everyone to break contracts because government restrictions prevented people from going in, they would have completely closed. If anyone I would be angry at the government for not supporting you.

pseingatl 3y ago
No force majeure clause in your rental contract? Even if it's not there, it's in the law.
jameslk 3y ago
Yes, they were trying to stay afloat by throwing under the bus all the small businesses that couldn't afford to pay for office space they couldn't even go to[0]. So sorry that they used any cushion they had previously for share buybacks the year prior[1]. Commendable business practices that nobody should fault. You've gotta admit, there's a bit of irony in making this claim while they were using Chapter 11 to to get out of their own contracts[2]. 0. https://www.huffingtonpost.co.uk/entry/coronavirus-company-under-fire-for-charging-start-ups-rent-despite-working-from-home_uk_5e7b5af7c5b6d01bd1552f0e https://www.huffingtonpost.co.uk/entry/coronavirus-company-u... 1. https://www.marketscreener.com/quote/stock/IWG-PLC-32526474/news/IWG-plc-commences-an-Equity-Buyback-Plan-for-89-506-349-shares-representing-9-69-of-its-issued-sha-34198690/ https://www.marketscreener.com/quote/stock/IWG-PLC-32526474/... 2. https://allwork.space/2020/09/iwgs-reasoning-behind-entities-filing-for-bankruptcy/ https://allwork.space/2020/09/iwgs-reasoning-behind-entities...