Bankruptcy & Restructuring News Headlines for Wednesday Jan 5, 2022

Here's what we are reading this morning:

WeWork Co-Founder Adam Neumann Is Becoming an Apartment Mogul - WSJ: Entities tied to the entrepreneur have bought majority stakes valued at a total of more than $1 billion in buildings in Southern cities.

China Evergrande says contracted sales dropped 38.7% in 2021: Indebted property developer China Evergrande's contracted sales plunged last year as the real estate giant struggled to repay creditors.

Office Depot parent to sell CompuCom unit for $305M | Retail Dive: Office Depot originally acquired CompuCom for about $1 billion in 2017, more than three times the deal price for CompuCom to Variant.

Purdue, Sacklers Seek Appeal of Ruling Vacating Bankruptcy Plan: Purdue Pharma LP and its owners is seeking to appeal a decision overturning the OxyContin manufacturer’s multi-billion dollar bankruptcy plan.

Your BlackBerry Dies Today: End of an Era for Iconic Handset - Bloomberg: BlackBerry devices running the original operating system and services will no longer be supported after Jan. 4, marking the end of an era for the storied device that catapulted work into the mobile era.

Job Openings Report Shows Record Number of Workers Quit in November - The New York Times: Government data for November shows the continuing disruption of the coronavirus in the labor market.

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