Friday, 14 March 2014

Agreement with a Japanese Law Firm

The lawyers in virtual firm Click Juridico have finally reached an agreement with a Japanese law firm to represent us before the Court of Japan.
The agreement includes both the representation of each person affected in the trial of Civil Rehabilitation, and the suit against the Board of Directors of MtGox to take responsibility for their behaviour.
The agreement has been established taking into account all the people affected, without taking in consideration the quantity of their loss, and, which is more important, establishing a policy of payments in accordance to the technical and legal difficulty of each trial and the possibilities of participation in them.
For this reason, two trials are well defined, even though taking part in one of them, implies to be entailed to the other.
1. Civil Rehabilitation:
a) Initial Fee: anything will be charged for the representation of each person affected and for being included in the trial of Civil Rehabilitation, because we think this trial is not going to finish our complaint.
b) Fee in case of success: a 10 % of the quantity obtained in this trial will be charged.
2. Lawsuit against MtGox:
a) Initial Fee: a 2,5 % will be charged to each person affected in the moment to initiate the claim. To calculate that percentage it will be applied the average exchange rate of the BTC in Euros in the day when the obligation of payment arises. In these percentages are included the legal taxes and consumer taxes, advanced payments and notifications and all the expenses related to the communication between the lawyer and the client.
b) Fee in case of success: a 10 % of the sums obtained in the trial will be charged.
These are the expenses according to the agreement established with the Japanese law firm. No more expenses will be charged for its services, notifications, letters or calls; even though, all the communications will be held by e-mail. However, the people affected will be provided a telephone number in case of emergency.
In relation to other expenses that could arise, it is ONLY considered the possibility of technical reports of expertises requested by the Court and / or the translation services when it is strictly necessary.
If someone wants to be part of this suit, he / she will have to follow the procedure in the Guide to Affected people in this Blog. Once received and confirmed the data of each person affected they will be sent the contract which will join the lawyer and the client. 

If you have any questions about the terms and conditions of the agreement, you can contact to lawyers in Click Juridico at


  1. 12.5 % plus ? or am I wrong ? how much up front ? -- is it worth doing if I have 35 btc in mtgox or will u eat it all up in the end ? thx 4 info -- thx 4 your help

  2. You only have to pay a 2,5 % as Initial Fee on te lawsuit.
    The representation of each person affected and for being included in the trial of Civil Rehabilitation hasn´t Initial Fee.
    The Fees in case of success are a 10 % of the sums obtained in each trial.