Term Sheet Review: convertible note maturity extension

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Started by ArbitratorLiz_26 · Aug 29, 2023 · 599 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.
AR
ArbitratorLiz_26 OP

I've been trying to resolve this on my own but I'm stuck.

convertible note maturity extension. I've been dealing with this for about 9 months now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

What are the risks if I pursue this? What's the likely timeline?

LB
legally_bland_25

Fwiw my neighbor dealt with this and said the lawyer made it go away fast.

LP
laura.p_19

Fwiw just want to point out — teh statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.