A creditor calling debt because you violated your covenants is not a rugpull. That's how creditors insure they can be paid back before you predictably run out of money.
Well, I can see how it might be a rugpull or it might not. It depends on what the terms were and what the motivation was for invoking them. I don't have a dog in this particular fight.
Did they actually formally file for insolvency before the new buyout? If they did then there eventually should be an impartial report on this, otherwise we might never know exactly what happened.
ajb|1 year ago
Did they actually formally file for insolvency before the new buyout? If they did then there eventually should be an impartial report on this, otherwise we might never know exactly what happened.