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Co-Founder Equity Split — convertible note maturity extension

Started by desperate_contractor_legal · Sep 19, 2025 · 709 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
DC
desperate_contractor_legal OP

Has anyone dealt with something like this? I'm not sure what my options are.

convertible note maturity extension. I've been dealing with this for about 4 weeks now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice.

What's the typical outcome in situations like this?

TL
Mod_TermsLaw Moderator

Licensed attorney — a few thoughts. Here's my take on the legal issues.

Based on what you've described, you likely have a viable claim under the relevant statute. The standard is whether a reasonable person would find the conduct actionable.

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

AF
asking_for_friend_dev_MA

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

IG
InsuranceGuy_FL

I've dealt with this before.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

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