Thank you guys for being patient for my responses, I've been sick the last couple days.
As you must be aware, there is another big difference between liquidation and the Sunlot proposal, which is how the claim of each client is computed.
IIUC, Sunlot will use the account balance that each client had in MtGOX's database, at some point in time; whereas the liquidators (if Japanes law is like US law) will consider the total amount deposited into MtGOX minus the total withdrawn, converted to Yen at the historical BTC prices, ignoring the trades made inside the exchange and the final balances in the database.
Obviously, some clients will have a strong preference for one criterion, some for the other criterion. Does Sunlot intend to force the "database balance" criterion also on the clients who would prefer the "input-output" one? Note that clients who have a large database balance might have no claim under the latter criterion, and vice-versa. IIUC, clients with larger claims do not have more right to define the terms of the liquidation than those with smaller claims.
Moreover, when exactly will the balances be counted?
Before MtGOX finally closed, there was a long period when withdrawals were blocked or nearly so. During that period, MtGOX's clients were selling or buying bitcoins inside the exchange not for speculation, but in desperate attempts to get their money out, or to have a better change to recover after its probable collapse --- while there was still no information about the status of its assets. Thus, using the balances after that frantic trading would be potentially very unfair to some clients, especally if some clients had inside knowledge and were able to acquire large balances through that unfair advantage. (This, by the way, is another argument for using the "input-output" criterion instead of the "database balance" one to define the claims.)
