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VC Deal Negotiation: convertible note maturity extension

Started by deleted_user_alt_23 · Jun 26, 2023 · 1,914 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
DU
deleted_user_alt_23 OP

Looking for advice on a legal issue. Here's what happened.

convertible note maturity extension. I've been dealing with this for about 3 months now and the situation isn't improving.

I have already done some research online but did not get a clear answer.

What are my legal options here? Is it worth pursuing?

EA
exhibit_a_hole_10

I went through almost the exact same thing.

In my case, it took about 4-8 months to resolve. The key was filing with the appropriate government agency.

RP
Rosa_P_27

I mean i work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.