Anybody want to make book on when the first restitution in this matter will be made? My money would be on the 11th of Never.
Why bother Zhou about this? He and Notorious Relic Dealer Chen are happily sitting in a cave counting the coins they have fleeced you of, while the Gwailo Clown Patrol is stuck holding the bag and looking more and more pathetic by the day. Realize that with the big dogs throwing this into Court in California, no liquidator is going to be able to disburse a single satoshi, penny or euro-cent in recovery until that matter is finished, and that will be years and a whole lot more dollars that the Intersango Gango can come up with from now.
A liquidator doesn't have to wait until foreign legal action is settled. They'll distribute the estate in the manner laid down by NZ law and after that no-one can pursue for any deficiency in NZ (unless they can establish personal liability on the part of the directors, but the directors have no known NZ assets anyway), but creditors can still pursue deficiencies in other jurisdictions.
It's worth noting that the creditors' petition doesn't seek to have a lien placed on Bitcoinica's MtGox or bank accounts.
On another note, I've just been on the phone with NZ's Insolvency and Trustee Service who confirmed that there are no barriers to unsecured overseas creditors lodging claims in a New Zealand company liquidation (including a limited partnership liquidation).
