Post
Topic
Board Mining speculation
Re: Buying BFL debt. $0.10 per dollar owed.
by
repentance
on 20/04/2013, 03:42:27 UTC

Without giving too much away with regards to my legal strategy, 4 people have made themselves and their personal assets liable by representing themselves as officers of the company in more than 1 country. I'm not opening myself up to scammers by purchasing their "word" that they're selling me their order. I'm not an idiot, i wouldn't make the offer, and won't issue payment without a means to recover my investment. I made that mistake with my initial BFL order, and won't make it again.

You do realise that staff are not necessarily officers of a company regardless of their inflated job titles.  If you've managed to get 4 people to admit that they're directors of BFL, then more power to you - but you still have to prove more than incompetence on the part of BFL before you can pierce the corporate veil and go after their personal assets (assuming they're not smart enough to have made their assets judgement-proof).  

The reason why such litigation is so rarely pursued is because it's so damned expensive and the prospects of recovering meaningful amounts after legal expenses are so small, especially when multiple jurisdictions are involved.