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Soapy
Posts: 1
Location:
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From what i saw on the news, nintendo lost count of the downloads after 50 000. Also, he'll be paying this for the rest of his life, he doesn't hafto be a millionaire, however much he can pay per week or whatever. Does the debt move to his children if he can't pay it all in his lifetime? |
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#60 02:45pm 11/02/10
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ravn0s
Posts: 9335
Location: Brisbane, Queensland
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i dont know why they even bother suing for so much money when they are never going to receive it all.
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#61 02:57pm 11/02/10
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trog
AGN Admin
Posts: 29331
Location: Brisbane, Queensland
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Does the debt move to his children if he can't pay it all in his lifetime?I was googling debt stuff the other day; don't think so. Any debt he has is paid off out of his estate first and foremost before heirs get anything. I think funeral costs are first, then debts are repaid, then anything left goes to people in the will. i dont know why they even bother suing for so much money when they are never going to receive it all.awesome PR and deterrent value of such a huge fine |
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#62 02:58pm 11/02/10
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tspec
Posts: 2812
Location: Melbourne, Victoria
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Also, he'll be paying this for the rest of his life Since he still lives with his parents and probably doesn't have any/many assets, he could just file for bankruptcy. It'll screw his chances for credit/loans etc but better than having to pay off a 1.5mil debt imo. |
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#63 04:04pm 11/02/10
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mission
Posts: 6302
Location: Brisbane, Queensland
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But that's worth it for a free game, right?
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#64 04:06pm 11/02/10
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FaceMan
Posts: 2446
Location: Brisbane, Queensland
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A little birdy has told me that the whole out of court settlement is a crock.
The media coverage of the alleged fine is meant to be a deterrent for Pirates. The guy isnt paying one cent. The Government is Not your Friend. |
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#65 04:13pm 11/02/10
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mission
Posts: 6303
Location: Brisbane, Queensland
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You really are crazy if you think birds can talk.
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#66 04:14pm 11/02/10
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Dazhel
Posts: 853
Location: Gold Coast, Queensland
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A little birdy has told me that the whole out of court settlement is a crock. So the message here is, pirate all you want but if you tell Tracy Grimshaw you're sorry you'll get your fee waived? |
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#67 04:33pm 11/02/10
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ctd
Posts: 8266
Location: Brisbane, Queensland
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Nintendo wouldn't give a shit about his money, they just want |
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#68 05:06pm 11/02/10
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tequila
Posts: 5917
Location: Brisbane, Queensland
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Since he still lives with his parents and probably doesn't have any/many assets, he could just file for bankruptcy. It'll screw his chances for credit/loans etc but better than having to pay off a 1.5mil debt imo. Chances are his NDA says something about if he chooses to file for bankruptcy and defaults on his debts, he will be pursued in a criminal court rather than just for damages like everyone else has already said, it's worth more to nintendo that this goes public and he goes on TV scared shitless saying he will never do it again I wouldn't be at all surprised if they just said "pay our legal fees ($100k) and sign this NDA, you're free to go", then set him up with a 100k payment plan |
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#69 05:10pm 11/02/10
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Bah
Posts: 3531
Location: Brisbane, Queensland
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Does the debt move to his children if he can't pay it all in his lifetime?Hah that's a pretty retarded thought, if that were the case he would just leave all his shit to nintendo when he died, or someone he doesn't like. |
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#70 05:56pm 11/02/10
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