Would-be Pirate Bay buyer loses control of assets - CNET
Summary
A Swedish court has seized control of all assets belonging to Hans Pandeya, the CEO of Global Gaming Factory X and the man who wants to acquire The Pirate Bay. On Wednesday, the court found that there is enough evidence to show that Pandeya owes Johan Sellstrom, a former business partner in Global Gaming, the equivalent of about $400,000, which includes interest. "More importantly, they agreed that a lien against Pandeyas net assets had to be put into effect immediately in order to prevent evasive measures on his part. I look forward to a hasty process in order to minimize the damage that Hans Pandeya has caused the share holders of GGF and wish them all the luck with the acquisition." Pandeya reminds me of the Black Knight character in the film "Monty Python and the Holy Grail" who gets all his limbs cut off one by one but says "Its just a flesh wound."