International: Unique issues for WeWork's landlords in the event of a global restructuring

Sebastian Busa, Ian Innes, Maria O'Brien and Rebecca Tan of Baker McKenzie look at how a potential WeWork restructuring will play out in Australia, noting that although the use of the voluntary administration regime to relinquish leased sites is a well-worn path, the restrictive covenants that WeWork incorporated into its leases will definitely require careful consideration by landlords and potentially some creativity.

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