Taral wrote: > On Tue, Nov 11, 2008 at 6:59 PM, Ed Murphy <[EMAIL PROTECTED]> wrote: >> Suggestion: Estimate the average PBA exchange rate for VP during the >> relevant time period. Say it's 8 (the current rate), then BobTHJ spent >> ^80 worth of VP to gain ^100, so require BobTHJ to give back about half >> the difference (i.e. ^5 to each of ehird and Wooble) and keep the rest. > > I think this inappropriate. A reversal as per the judgement is quite > effective, unless the parties can show that some significant > re-valuation has occurred in the relevant assets.
This approach (both "leave the ^80-worth-of-stuff on each side alone" and "split the difference on the rest") is based on the general philosophy (perhaps this should be legislated as a SHOULD) that equity should generally let scammers keep some of their scammed gains, based on how clever the scam was.
