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by naterator
4430 days ago
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> This is the easy way out for them. As far as I understand they wanted to restructure but they are not being allowed to by the court. The first line[1] in the doc essentially says this. This happens when the court doesn't think there is hope for rehab, which is not surprising in Mt.Gox case. [1] "At 5 p.m. on April 24, 2014, the Tokyo Distri
ct Court issued an order of commencement of
the bankruptcy proceedings for MtGox Co.,
Ltd." |
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