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England & Wales

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In brief With a potential WeWork restructuring on the horizon, this article explores some unique issues landlords may face under their WeWork leases, with a focus on how courts around the world might address them. Key takeaways Landlords have built spaces that specifically cater to WeWork’s focus on co-working arrangements. As WeWork attempts to shed leases in a restructuring, landlords may be left with specially built spaces that are difficult to re-let. This may be…

ABT Auto Investments Limited vs. Aapico Investment Pte Ltd and Ors [2022] EWHC 2839 (Comm.) In brief A cross-practice group in the London office of Baker McKenzie — led by Restructuring Partner, Priyanka Usmani, Disputes Resolution Partner Charles Thomson and Banking Partner Matthew Cox — represented Aapico who were successful in their argument that they had validly appropriated shares in a private company under The Financial Collateral Arrangements (No. 2) Regulations 2003 (“Regulations”). Key takeaways…