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That's definitely an interesting distinction. In that case, I would expect there to be consensus among shareholders to follow the court's order. That could be e
by wakamoleguy 9y ago
That's definitely an interesting distinction. In that case, I would expect there to be consensus among shareholders to follow the court's order. That could be enough to force the transaction if the chain is unique to the company in question. However, it would pose issues if the shares are riding on a broader chain outside of their control, like Ethereum. Even if the chain was unique to the company, you could still have issues if you are using proof of work instead of proof of stake. Interesting problem.
Can a court actually declare that ownership is moved, or can they only declare that one is to transfer ownership, implicitly under penalty of something else if you don't? If you have a car and the court declares that it is my car now, that doesn't physically transport it to my driveway and you could steps to prevent that from happening (eg, driving it into a lake).
- CJefferson 9y agoYou can drive it into a lake, but that counts as theft, the same as if you stole someone else's car. When it comes to things like houses, a court certainly can declare ownership is changed, there is no option for you to refuse, or have to do anything.