What will happen to the shares that are not claimed by then?
Do they recieve any buyback to the bitcoinaddresses they provided to GLBSE to claim their accounts?
You know who owns what and with what bitcoinaddress, lets say a buyback/ last dividend for the unclaimed shares, sounds fair doesn`t it.
It would be the first fair scam we've seen.
He offered you an unlawful contract (according to him and his lawyer) but is not willing to reverse it. It is a scam designed to keep your money. Best thing you can do imo is deal with your loss, never deal with this person again and move on. Or don't accept it and keep pointing it out to warn other users.