wrapfigure in theorem-like environment

Question

The following code does not create a wrapfigure within the thm environment. Is that because the latter is a list?

\documentclass{book}
\usepackage{amsthm}
\usepackage{wrapfig}
\theoremstyle{plain}
\newtheorem{thm}{Theorem}
\begin{document}
\begin{thm}
\begin{wrapfigure}[7]{l}{2cm}
\rule{2cm}{2cm}
\end{wrapfigure}%
text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
\end{thm}
\end{document}

Answer 1

The wrapfigure and wraptable environments don't work inside lists; the wrapfig documentation clearly mentions this fact:

The environment must not be placed in special places like lists.

You can use the cutwin package instead:

\documentclass{book}
\usepackage{amsthm}
\usepackage{cutwin}
\usepackage{lipsum}
\theoremstyle{plain}
\newtheorem{thm}{Theorem}
\begin{document}
\renewcommand\windowpagestuff{\rule{2cm}{2cm}}
\opencutleft
\begin{thm}
\begin{cutout}{2}{0pt}{\dimexpr\linewidth-2.5cm\relax}{6}
    \lipsum[1]
  \end{cutout}
\end{thm}
\end{document}