Re: Reason why MtGox can go to 0 - without arbirage opportunity with Bitstamp
rephrase: in case of court ordered liquidation.
Liquidation of what?
There has to be some assets of value in order to liquidate and return even a token amount back to customers. Unless you're talking about a very large company with a complicated structure, buildings, land, contracts, patents, etc then just getting to that stage normally indicates there is very little left.
they have millions of dollars in customer money... but that money is a liability. as soon as the have less money then is needed to cover all deposits, they are technically insolvent , and can be ordered to return all the millions of customer deposits..