Co-working company Regus Corp., which provides furnished workspace on short-term deals, has placed more of its assets into chapter 11 bankruptcy as office markets deal with the effects of the coronavirus pandemic on the economy. Regus has put more than a half-dozen lease holding affiliates from New York to California into chapter 11 in U.S. Bankruptcy Court. Among the latest filings, were affiliates managing workspaces in New York City, Los Angeles and Denver. The chapter 11 filings represent a small share of Regus’s overall portfolio. Regus offers on-demand workspace in more than 1,000 locations in the U.S. and Canada.
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