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A comment on SoftBank to write down WeWork by $6.6B, compounding portfolio misery. Parent comment

Re:SoftBank to write down WeWork by $6.6B, compounding portf... by Traster on Thursday April 30, 2020 @07:35AM (#23029754)
Softbank walked away from the planned bailout of Neumann, so that $1Bn golden parachute for Neumann is long gone. Now he has to sue softbank to try and get it back but there's just no way it's ever going to happen.
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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by onetimemanytime on Thursday April 30, 2020 @09:25AM (#23030521)
>>Now he has to sue softbank to try and get it back but there's just no way it's ever going to happen.

You think Softbank will win the lawsuit? Any idea why?

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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by CydeWeys on Thursday April 30, 2020 @09:39AM (#23030655)
Adam Neumann is delusional and/or a con artist. I don't see him being pitied in court.
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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by lotsofpulp on Thursday April 30, 2020 @10:03AM (#23030887)
In my experience, courts don’t take pity into account anyway, they work using the contracts that exist two parties, subject to the law of the jurisdiction.
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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by AndrewUnmuted on Thursday April 30, 2020 @10:29AM (#23031152)
However, he is a very good con artist. I could see him getting away with some more swindling at the courts, because really that's a game all about persuasion, not truth.
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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by onlyrealcuzzo on Thursday April 30, 2020 @10:57AM (#23031501)
Matt Levine has wrote at length about this. Neumann does not have a case.

That being said, anything can happen in court.

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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by AndrewUnmuted on Thursday April 30, 2020 @12:44PM (#23032926)
Thanks for the insight on Matt Levine's work. Here's [0] an article I found that I found pretty compelling, in case others are seeking a starting point.

[0] https://www.bloomberg.com/opinion/articles/2019-10-23/how-do...

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