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Regus Affiliates' Bankruptcy Case May Set Precedent for Coworking Space Landlords

Property Owners Concerned About Possible Unintended Consequences, Attorney Says

A case in bankruptcy court may affect the rights of landlords of coworking properties, which have had less demand in the pandemic. (CoStar)
A case in bankruptcy court may affect the rights of landlords of coworking properties, which have had less demand in the pandemic. (CoStar)

A U.S. bankruptcy judge is allowing Regus Corp., part of the world's largest shared office provider International Workplace Group, to pay rent to affiliates' landlords in a case that may set a precedent affecting owner rights as coworking companies struggle with reduced demand in the pandemic.

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