2 ms·
> We just believe we are owed a fair adjudication of our contract and have proceeded both in confidence on the merits of our case and with the fundamental confi
by pakitan 7y ago
> We just believe we are owed a fair adjudication of our contract and have proceeded both in confidence on the merits of our case and with the fundamental confidence that a party harmed by breach of a contract has the right to have damages determined.
Yeah, only problem is your "we only want what's fair" narrative is sliiighly undermined by the fact that you started with a $75M claim, then went to $16B!!!! and now that the $16B claim got thoroughly rejected you changed it to $500M. You ran wild with the $16B claim because the assessment phase didn't require any court fees and you picked the biggest number you could think of, to block the process. Now for the appeal you actually need to pay court fees as a % of your claim and being well aware that the $16B figure is ridiculous, you changed it to a number that's still big enough ($500M) to block the process but you don't have to pay that much court fees.
Not to mention that your contract with Mark only stipulates $50M of liquidated damages and the rest of your claim is based on potential lost revenue if MtGox never went bankrupt. This is not a thing in Japan or anywhere in the world. You know that very well and your lawyers know it very well. The most you could hope for is the $50M and the rest of your claim is just there to block the process and extort the creditors. So, please, drop the "we only want what's fair" charade. You can only fool people not familiar with the case, which is probably what you're after.