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VC Deal Negotiation — convertible note maturity extension

Started by first_time_renter_help · May 28, 2023 · 1,914 views · 6 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
FT
first_time_renter_help 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?

NH
need_help_trader_2022

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.

AB
AgentBroker_TX

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.

GL
GigWorker_LA

Not a lawyer, but I have direct experience with this.

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

OD
OpenSourceLawyer_Dan

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.

FD
frustrated_dev_legal

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.

JC
just_curious_driver_GA

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.

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