Graeme ignored my offer to meet with him last year in Perth to discuss the matter.

I believe there is no money to be had at this time - but if the mtgox administrators actually return some percentage of the BTC - there may be enough to warrant chasing him through legal channels.

If/when the mtgox insolvency is wound up - I'd be interested in pursing this by pushing Graeme Tee to either reach an agreement - or declare bankruptcy.