Right on xmas and The New Korean Herald has gone bust...

Some readers might remember this defamation case, the decision of which was given in Judgement by Heath J in the Auckland High Court on the 9th of November 2010. In order to avoid payment the New Korean Herald has gone bust. But what will happen to Jong Ok Yoo and Young Kwan Kim second and third defendants, they can't go bust in the same way as limited liability company can - and essentially walk away. No, no no, they'll either have to pay or do a runner. If they run whatever can be clawed back by the plaintiff Jung Nam Lee will become his property, even bankruptcy is too late because it is after the fact of the Judgement. Of course some folks will remember that Ok Yoo and Kwan Kim were also directors of The New Korean Herald Ltd that and were found as parties to be also liable for defamation against Jung Nam Lee, so they can slip off the hook as directors of the now failed company but not off the hook as individuals successfully sued by tort and without the protection of a Limited Liability company.

The second hook is embedded deeper than the first and they can't escape it with self-imposed bankruptcy to protect any assets they might have now or at the time that the suit was filed against them. It must be hell for them now to realise that implying or stating without credible factual support that Mr Lee was engaged in 'corrupt, dishonest and immoral practices.' Oh dear, watching them panic and squirm must be interesting and satisfying for Mr Lee. Seeing them trying to escape from that which there is no escape, save prostrating themselves at Mr Lee's feet and asking for mercy, must be entertaining for Mr Lee because he has been found not to be engaged in 'corrupt, dishonest and immoral practices' for which a pound of flesh is now due from Ok Yoo and Kwan Kim. The tide has turned and the frenzied attack on the good Mr Lee is repelled, driven to the edge of a cliff from which there is no escape save a big fall into oblivion.

'Oblivion' what an appropriate term at Xmas for those that indulged an attack against Joe Karam just last xmas and who are now defendants in the same High Court that delivered the so sad news to Ok Yoo and Kwan Kim, even though Mr Kim couldn't bring himself to appear in Court and merely rolled over like a repentant cry baby. Cry babies, aren't they so interesting? And speaking of such, we now hardly hear from Kent Parker or Vic Purkiss. I wonder if they have secretly decided to enjoin the dirty dogs Glenda OBrien, Annette Curran, William Rodie, Trevor Fox, Denise Cameron, Mike Stockdale, Lindsay Kennard, et al. Seen at last the destructive pigs for what they are, dirty fiddlers and liars, bros one and all.

I'm in favour of seeing the dirty dogs enjoined either by Kent and Vic or by Trade Me who have given many indications that they will be, if not indeed by Joe Karam who has their miserable fate within his hands. Oh what happy xmas it won't be for the rotten persecuting dogs and their lying, scheming and stalking. Of course I digress from the point, that for sisters there is no escape - it makes me feel all warm in me nether regions watching the fiddlers sink, even the ones with live mackerels head-first up their bums.