Exhibit 99.1
| KIRKLAND & ELLIS LLP | COLE SCHOTZ P.C. | |
| KIRKLAND & ELLIS INTERNATIONAL LLP | Michael D. Sirota, Esq. | |
Edward O. Sassower, P.C. | Warren A. Usatine, Esq. | |
Joshua A. Sussberg, P.C. (admitted pro hac vice) | Felice R. Yudkin, Esq. | |
Steven N. Serajeddini, P.C. (admitted pro hac vice) | Ryan T. Jareck, Esq. | |
Ciara Foster (admitted pro hac vice) | Court Plaza North, 25 Main Street | |
601 Lexington Avenue | Hackensack, New Jersey 07601 | |
New York, New York 10022 | Telephone: (201) 489-3000 | |
Telephone: (212) 446-4800 | msirota@coleschotz.com | |
Facsimile: (212) 446-4900 | wusatine@coleschotz.com | |
edward.sassower@kirkland.com | fyudkin@coleschotz.com | |
joshua.sussberg@kirkland.com | rjareck@coleschotz.com | |
steven.serajeddini@kirkland.com ciara.foster@kirkland.com | ||
| Co-Counsel for Debtors and | Co-Counsel for Debtors and | |
Debtors in Possession | Debtors in Possession | |
UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY
In re:
WEWORK INC., et al.,
Debtors.1 | Chapter 11
Case No. 23-19865 (JKS)
(Jointly Administered) |
NOTICE OF (I) ENTRY OF AN ORDER
CONFIRMING THE THIRD AMENDED JOINT
CHAPTER 11 PLAN OF REORGANIZATION OF WEWORK INC. AND
ITS DEBTOR SUBSIDIARIES (FURTHER TECHNICAL MODIFICATIONS) AND (II) OCCURRENCE OF EFFECTIVE DATE
On May 30, 2024, the Honorable John K. Sherwood, United States Bankruptcy Judge for the United States Bankruptcy Court for the District of New Jersey (the “Court”), entered the Order Confirming the Third Amended Joint Chapter 11 Plan of Reorganization of WeWork Inc. and Its Debtor Subsidiaries [Docket No. 2060] (the “Confirmation Order”) confirming the Plan2 of the above-captioned debtors and debtors in possession (collectively, the “Debtors”).
| 1 | A complete list of each of the Debtors in these chapter 11 cases may be obtained on the website of the Debtors’ claims and noticing agent at https://dm.epiq11.com/WeWork. The location of Debtor WeWork Inc.’s principal place of business is 71 5th Ave., 2nd Floor, New York, NY 10003; the Debtors’ service address in these chapter 11 cases is WeWork Inc. c/o Epiq Corporate Restructuring, LLC 10300 SW Allen Blvd. Beaverton, OR 97005. |
| 2 | Capitalized terms not otherwise defined herein have the meanings ascribed to them in the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization of WeWork Inc. and Its Debtor Subsidiaries [Docket No. 1816] (with all supplements and exhibits thereto, the “Plan”) or the Confirmation Order, as applicable. |
The Effective Date of the Plan occurred on June 11, 2024.
The Confirmation Order, the Plan, and copies of all documents Filed in these Chapter 11 Cases are available free of charge by visiting https://dm.epiq11.com/WeWork or by calling the Debtors’ restructuring hotline at (877) 959-5845 (Toll-free from US / Canada) or+1 (503) 852-9067 (International). You may also obtain copies of any pleadings Filed in these Chapter 11 Cases for a fee via PACER at: https://ecf.njb.uscourts.gov.
The Court has approved certain discharge, release, exculpation, injunction, and related provisions in Article VIII of the Plan.
The Plan and its provisions are binding on the Debtors, the Reorganized Debtors, the Disbursing Agent, and any Holder of a Claim or an Interest and such Holder’s respective successors and assigns, regardless of whether the Claim or the Interest of such Holder is Impaired under the Plan, and regardless of whether such Holder voted to accept the Plan.
The Plan and the Confirmation Order contain other provisions that may affect your rights. You are encouraged to review the Plan and the Confirmation Order in their entirety.
| Dated: June 11, 2024 | ||||||
| /s/ Michael D. Sirota | ||||||
| COLE SCHOTZ P.C. | KIRKLAND & ELLIS LLP | |||||
| Michael D. Sirota, Esq. | KIRKLAND & ELLIS INTERNATIONAL LLP | |||||
| Warren A. Usatine, Esq. | Edward O. Sassower, P.C. | |||||
| Felice R. Yudkin, Esq. | Joshua A. Sussberg, P.C. (admitted pro hac vice) | |||||
| Ryan T. Jareck, Esq. | Steven N. Serajeddini, P.C. (admitted pro hac vice) | |||||
| Court Plaza North, 25 Main Street | Ciara Foster (admitted pro hac vice) | |||||
| Hackensack, New Jersey 07601 | 601 Lexington Avenue | |||||
| Telephone: (201) 489-3000 | New York, New York 10022 | |||||
| msirota@coleschotz.com | Telephone: (212) 446-4800 | |||||
| wusatine@coleschotz.com | Facsimile: (212) 446-4900 | |||||
| fyudkin@coleschotz.com | edward.sassower@kirkland.com | |||||
| rjareck@coleschotz.com | joshua.sussberg@kirkland.com | |||||
| steven.serajeddini@kirkland.com | ||||||
| ciara.foster@kirkland.com | ||||||
| Co-Counsel for Debtors and | Co-Counsel for Debtors and | |||||
| Debtors in Possession | Debtors in Possession | |||||
IF YOU HAVE ANY QUESTIONS ABOUT THIS NOTICE, PLEASE CONTACT EPIQ CORPORATE RESTRUCTURING, LLC BY CALLING (877) 959-5845 (TOLL FREE) or +1 (503) 852-9067 (INTERNATIONAL) |
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