What began as the fastest unicorn in VC history ended with a bankruptcy filing, a 97% shareholder wipeout, and Apollo walking away with the keys
A cautionary tale in leverage, capital structure, and rescue financing gone wrong
Primer, Simplified Example, Case Study Deep Dive, Uptier Comparison
The 2020 Transaction, Permissibility and Litigation, Indemnification of Uptier Litigation, 5th Circuit Review, Credit Language and LME Implications