3 ms·
> For instance what if the CF platform goes under? It's magnitudes of orders more likely than a VC... The bankruptcy trustee that takes over the CF platform hi
by fludlight 9y ago
> For instance what if the CF platform goes under? It's magnitudes of orders more likely than a VC...
The bankruptcy trustee that takes over the CF platform hires some third party to service all the shell companies. Could result in substantial additional costs to the investors or the company. Who pays depends on how much value is left in the bankrupt platform, what's in the contracts, the efficacy of third parties involved in the bk, and the whims of the trustee and the judge.