Why? This is simple : banks have asked Nobuaki Kobayashi to hold creditors assets as long as possible to make these assets work for themselves and to produce interests.
I'm definitely not a lawyer nor I have any specific knowledge about the mtGox court case. I just have two questions.
1.Is this Nobuaki Kobayashi allowed to change the deadline for paying back mtGox's creditors? This doesn't seem right to me. The court must set a strict deadline for paying back the money, with no reasons for postponing the deadline.
2.Aren't the mtGox creditors supposed to be compensated for not getting back their money on time? I'm sure that they have the right to sue Kobayashi for a compensation.
1) Yes he can. He has to go to the court / judge and ask for an extension and explain why. The settlement allowed for a large amount of latitude so I don't know if he had to ask every time there was an extension
2) No, the repayment date was never set in stone so long as the court does not have an issue with it there can be no penalty.
3) The 2024 date is supposed to be the END of the repayments so they probably will start before that.
As was discussed in the thread I posted above and many other places it's been such a long process finding everyone and getting it right is not a simple task.
Add on the fact that it's a world wide payback and you have to navigate the laws of many locals just makes is more difficult.
-Dave