Linqto’s Descent into Bankruptcy: A Tale of Woe and Legal Woes
Oh, what a tangled web we weave when first we practice to deceive! The mounting legal pressures and structural flaws that have besieged Linqto have now culminated in a high-stakes reorganization, a drama that could forever alter the landscape of investor exposure to private equity access platforms. On the fateful day of July 8, the investment platform Linqto, which has long facilitated the indirect exposure to private pre-IPO companies, announced its voluntary Chapter 11 filing in the U.S. Bankruptcy Court for the Southern District of Texas. đđ°