Which Consultancy is Tihan referring to, Bitcoin Consultancy or Bitcoinica Consultancy? Should that be obvious from reading his post?
Good question. I know Bitcoin Consultancy signed a contract before April 24. Donald wrote about that here:
http://bitcoinmedia.com/first-licensed-advanced-trading-platform-for-bitcoin/This platform announced today, a new contract signed with the Bitcoin Consultancy Ltd. Bitcoin Consultancy will be taking a dominant role in the operations of Bitcoinica, ushering forward its continued safety and stable operation.
I assume this contract was the the Bitcoinica Limited Partnership agreement that genjix mentioned earlier:
Quoting from the Bitcoinica limited partnership agreement...
"
4.1 Management
(a) The General Partner has exclusive responsibility for the management and control of the business and affairs of the Limited Partnership
...
4.2 Authority and Powers
Subject to and without prejudice to the generality of clause 4.1, in respect of the Business, the General Partner and its agents and delegates and their respective delegates have the full powers and the authority of the Limited Partnership and the power to bind the Limited Partnership without prior consulation with any of the Limited Partners
...
In the same post genjix mentioned that Tihan would consider it an abandonment of their legal obligations if the Bitcoin Consultancy guys would not state that they were acting as directors for the Bitcoinica LP general partner:
This is what I need from each of you today:
1) A sign of life that the claims processing has begun -- an announcement to that effect and/or actually paying people back
2) An email reply that you are acting as directors for the Bitcoinica LP general partner.
3) An email reply that you will supply the NZ Companies office with valid docs to reflect your director status at your earliest opportunity
I must consider anything less to be an abandonment of your legal obligations.
Donald, since you are the only one not in favor of moving forward, I will look for you to respond first.
So I guess that after June 10 this is exactly what happened.
Edit: Also, who is the "we" Genjix is referring to in his OP?
I think that refers to the Bitcoin Consultancy guys (Donald, Patrick, Amir)