Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
raskul
on 26/02/2014, 18:27:23 UTC
having the funds or not having the funds is irrelivent. If gox are sued and a court awards damages, those damages will have to be paid, even if it means Mark K's mummy selling her condo/yacht/theme park on the moon.
This is a very strong and totally wrong assumption.

First, there are some kinds of company (such as LLC) that eat up all debt and the owners are safe whatever happens.

Second, even if it's not the case, if the owner just doesn't have that much money, he doesn't, and you'll still get nothing.


Exactly, and that leads to the conclusion that to sue a totally blank company makes no sense, cause there isnt anything to get.

Ofcourse all under the precondition that we do KNOW what the financial condition is.

The fact is we know nothing of fact. sue.
but I have to say, you are thinking with a clear-cut ideology - and I should say that you are being slightly idiosyncratic in saying that; you can't sue anyone who has no money. A court will order future earnings seized (which would include money from the sale of the business, personal assets and anything else invested in the company.) life is not so simple to just say, nah don't bother suing someone because they have no money. I say, sue the arse off the fat f*cker.