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He didn't declare bankruptcy, Mt Gox did. Does the US not allow bankruptcy protection to foreign companies without court appearances by their CEOs?
by fidotron 13y ago
He 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.