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Bankruptcy judge orders Mt. Gox CEO to answer questions in US by April 17
- fidotron 13y agoSo the judge basically confirmed the suspicions which is why he isn't showing up in the first place? And they expect this to change? Maybe it's just me, but the U.S. legal system really seems to struggle with the fact that it can't make people jump at will anywhere on earth.
- tzs 13y agoHe has filed for bankruptcy in a US court, asking the US to protect him from his creditors. Of course the US legal system thinks that he should show up in that US court to answer questions.
- fidotron 13y agoHe didn't declare bankruptcy, Mt Gox did. Does the US not allow bankruptcy protection to foreign companies without court appearances by their CEOs?
- dragonwriter 13y ago> Does the US not allow bankruptcy protection to foreign companies without court appearances by their CEOs? A more accurate statement of the rule is that it is routine for persons seeking bankruptcy protection (or officers of corporations doing so) to be compelled by bankruptcy court to address matters relevant to eligibility for the protection sought (including those raised by creditors, including litigants in ongoing suits).
- tzs 13y agoHe is not only the CEO. He is also the sole board member. He filed in US court asking the US court to recognize him as Mt Gox's "foreign representative" in the US.