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[E-Cat]

Let's remind ourselves that after losing the lawsuit, Karl's total debt to Billy was $646,004 U.S. dollars.

LOL Karl filed for bankruptcy and had the trustee sell his half of his two properties to the co-owner, i.e. his wife for $224,000 (properties worth roughly $600,000 in equity). Under Australian law, Billy cannot touch those. Karl himself had only ~$1,800 to his name, which he was allowed to keep for 'living expenses'. He also owns a car worth $20,000, but jointly co-owned by his wife, hence off-limits to Billy.

The bankruptcy trustee also took possession of Karl's share of the company that runs his Youtube channel, which Karl sold his share to his wife for $2,000. Since Billy sued Karl directly, and not his company, neither does the money earned by the company go to Billy.

Karl remains an employee of his ex-owned company. Per Australian law, for every dollar earned over $120,000, 50 cents will go to the trustee to be given to the creditors, i.e. Billy. His previous salary was $150,000, some of which Billy would be entitled to; but since the lawsuit, the viewership of the channel has roughly halved, so the salaries will be reduced to below the level of $120,000 -- so Billy can eat shit again LOL.

Australian bankruptcy lasts for 3 years, after which all of Karl's debts are discharged, i.e. permanently erased. In other words, the only money given to the trustee by Karl is the $224,000 from his wife's buyout of the properties. Out of THAT money, Trustee remuneration (i.e. how much they pay themselves) is $50,000. Beyond that, the sum owed to Billy was not the only debt held by Karl -- he had credit card & tax debts totaling close to $90,000. These other creditors will take some of the remaining $174,000 that the trustee receives. Billy may receive somewhere on the order of $97,000 (U.S. dollars), leaving Billy with a negative $351,000 after deducing from his $448,000 legal fees incurred.

Following the verdict, Karl initially offered to pay Billy almost $200,000 USD in cash, sourced from family members, to release him from the judgement while retaining his personal debts. Billy refused, Karl filed for bankruptcy and is free of debt, and now Billy is set to receive less than half of the initial offering. Bwahahaha! What hubris against the good-faith offer by Karl. EAT. SHIT. BILLY. MITCHELL.

 

[ecosse_011172]

Me, trying to care about Donkey Kong players.

 

[Bernardougf]

Who ?

 

[ecosse_011172]

Me, reading someone unironically using "Gigachad" about another Donkey Kong player.

 

[Punished Miku]

This is some Jerry Springer shit. It's like someone got told their partner was cheating on them only to have the other partner reveal they were also cheating on them with a midget.

 

[E-Cat]

Now we know why Billy has been pimping out his shitty sauce on his Twitter 'victory parade' -- he needs cash, NOW

 

[DaciaJC]

Pfft.

Make debtors' prisons great again!

 

[Sentenza]

 

[ssringo]

Good lord what an embarrassing thread.

 

[E-Cat]

Me reading someone seriously using "Gigachad" about another Donkey Kong player.

Karl is not a Donkey Kong player. To me, he will always be known as the Perfect Dark speedrunning champ; I've known him since the mid-2000s on the Perfect Dark Elite forums, before "speedrunning" was even a thing. Good times

 

[ChorizoPicozo]

it's was not about the money. it's was about the reputation, and this "journalist" got completly obliterated.

Billy won and this dude is the only one eating shit.

 

[DeafTourette]

Now we know why Billy has been pimping out his shitty sauce on his Twitter 'victory parade' -- he needs cash, NOW

Call JG Wentworth! 877-cash-now!!!!

 

[Unknown Soldier]

Who the fuck even are these people

Who the fuck even cares

 

[ecosse_011172]

Karl is not a Donkey Kong player. To me, he will always be known as the Perfect Dark speedrunning champ; I've known him since the mid-2000s on the Perfect Dark Elite forums, before "speedrunning" was even a thing. Good times

 

[ValiantInstance]

I didn't know there were people who still liked Jobst and hadn't realised he was a massive albino loser, but apparently the op is one.

 

[LordCBH]

The only name I recognize is that Billy dude. Didn't he cheat or something? I haven't kept up with

 

[E-Cat]

it's was not about the money. it's was about the reputation, and this "journalist" got completly obliterated.

Billy won and this dude is the only one eating shit.

Billy seems pretty upset, he says he's going to sue Karl again for illegal activity (he's clearly not familiar with how Australian bankruptcy law works). Karl continues to make videos that have hundreds of thousands of views, and gets to keep the salary he makes. If this "obliterated reputation" is worth losing $350,000 to Billy -- more power to him, I guess?

 

[ecosse_011172]

Who the fuck even are these people

Who the fuck even cares

 

[ecosse_011172]

Billy seems pretty upset, he says he's going to sue Karl again for illegal activity (he's clearly not familiar with how Australian bankruptcy law works). Karl continues to make videos that have hundreds of thousands of views, and gets to keep the salary he makes. If this "obliterated reputation" is worth losing $350,000 to Billy -- more power to him, I guess?

Correction.....

 

[Bernardougf]

 

[diffusionx]

Billy seems pretty upset, he says he's going to sue Karl again for illegal activity (he's clearly not familiar with how Australian bankruptcy law works). Karl continues to make videos that have hundreds of thousands of views, and gets to keep the salary he makes. If this "obliterated reputation" is worth losing $350,000 to Billy -- more power to him, I guess?

why are you so happy to see this grifter jobst behave like this

it's weird unless you actually are jobst

 

[AJUMP23]

A guy lost a defamation case and you are celebrating the victim getting locked out through bankruptcy laws. Bully Mitchel sucks, but so does the YouTube guy, and so does this post.

 

[E-Cat]

I didn't know there were people who still liked Jobst and hadn't realised he was a massive albino loser, but apparently the op is one.

I do like Jobst, and don't find his albino appearance troubling -- nor the profusion or lack thereof of melanin in individuals, generally. That's considered racist.

why are you so happy to see this grifter jobst behave like this

it's weird unless you actually are jobst

Billy is the one who is a grifter by craft. He is also a proven liar and a person of low integrity suing and intimidating others for cash. He's a bully, and I don't like bullies.
Karl made a statement based on some bad information that was defamatory, hence the lawsuit, but grifting is not his modus operandi.

 

[ecosse_011172]

why are you so happy to see this grifter jobst behave like this

it's weird unless you actually are jobst

 

[ChorizoPicozo]

Billy seems pretty upset, he says he's going to sue Karl again for illegal activity (he's clearly not familiar with how Australian bankruptcy law works). Karl continues to make videos that have hundreds of thousands of views, and gets to keep the salary he makes. If this "obliterated reputation" is worth losing $350,000 to Billy -- more power to him, I guess?

I think the only thing worth doing is clearing your name of false accusations.

If you get falsely accused of rape, I think the priority should be proving to the world that you didn't do it, rather than just winning money. It's the principle of the thing.

And if Billy wants to sue again, so be it. He can do the same as Karl just did if he loses. Either way, Billy wins. clearly, he has the money to keep fighting.

 

[Revolutionary]

 

[Gonzito]

 

[kruis]

Billy Mitchell's only "achievements" in life have been getting high scores on a few games and suing people who didn't believe them. I've got more respect for transgender furries who pretend they've got Tourettes on OnlyFans.

Oh, and this was an excellent piece of journalism:

 

[E-Cat]

If you get falsely accused of rape, I think the priority should be proving to the world that you didn't do it, rather than just winning money. It's the principle of the thing.

Fair enough, but Karl didn't actually accuse Billy of murdering 'Apollo Legend'. He insinuated that Billy's lawsuit against him may have contributed to the stress that eventually led him to take his own life. Still a pretty serious accusation to make, but hardly worth suing a person over for hundreds of thousands of dollars when the net worth of said person was on the order of a hundred thousand dollars -- it's just basic math. Also, let's not for a second pretend that Billy actually cared about the person who took their own life. He had text messages disclosed in court taking delight in their (false-reported) suicide before the fact, gleefully trying to confirm the fact. I have no sympathy for Billy. He's a shitty little dude.

And if Billy wants to sue again, so be it. He can do the same as Karl just did if he loses. Either way, Billy wins. clearly, he has the money to keep fighting.

No, he cannot. After Karl declared bankruptcy, any avenue available for Billy to sue based on the current lawsuit was closed. Billy LOSES

 

[tylrdiablos]

Dickheads, the two of them... and it's your daily reminder of how much we miss the YouTube DISLIKE button.

 

[TintoConCasera]

why are you so happy to see this grifter jobst behave like this

it's weird unless you actually are jobst

I've seen memes about OP in other websites, dude is a well known Jobst fanboy.

 

[E-Cat]

I've seen memes about OP in other websites, dude is a well known Jobst fanboy.

I am? I have never seen those, I did not even know I had a presence beyond NeoGAF. Care to link to 'em?

 

[Salz01]

This thread actually makes me want to watch the king of kong again. lol

 

[SomeGit]

Once again Jobber, thinks he got in the clear. Once again he shall be humbled by King Michell.

 

[Ozriel]

LOL Karl filed for bankruptcy and had the trustee sell his two properties to the co-owner, i.e. his wife for $224,000 (properties worth roughly $600,000 in equity). Under Australian law, Billy cannot touch those.

I strongly suspect "I sold my property cheaply to my spouse AFTER a court judgment in a blatant plot to avoid consequences of the judgement" is something a judge would take exception to

Too bad he can't invent a Time Machine to sell them off before the award.

OP, this will likely end in tears for you.

If shit worked this way, nobody would be paying much in the way of divorce settlements.

 

[BennyBlanco]

Billy rules

 

[Seomel]

As much I dislike how Jobst mislead wveryone with reason for trial. Mitchell is well document piece of shit, who ran away from tournaments when genius Wiebe literary played in con 30min from Billy etc.
Its good that none of them will make really anything out of this

 

[E-Cat]

I strongly suspect "I sold my property cheaply to my spouse AFTER a court judgment in a blatant plot to avoid consequences of the judgement" is something a judge would take exception to

Everything was done in accordance with the law per the bankruptcy trustee. After the trustee takes ownership of the assets, the spouse is allowed to buy out the co-owned properties of the bankrupted party before all other considerations, including creditors' debts, if they have the funds -- which she did.

Too bad he can't invent a Time Machine to sell them off before the award.

OP, this will likely end in tears for you.

If shit worked this way, nobody would be paying much in the way of divorce settlements.

Another expert in Australian law, I see. Karl did his due diligence.

 

[Lunnarre]

 

[NuclearDiarrhea]

No idea what you're talking about but i agree.

 

[SomeNorseGuy]

 

[ecosse_011172]

I can't really get my head round passionately fanboying for (from what I gather ITT) a YouTuber who talked shit about some clown who's good at Donkey Kong.
I mean, of all the things to care about....

 

[thismeinteil]

I'm glad Jobst lost. He's a piece of shit and grifter. Not that Billy is much better, but at least he's not going around accusing people of leading to others' deaths and then lying to his viewers what the lawsuit is actually about to raise money.

Also, I think a court is going to have something to say about the shady practices to get out of paying what he was court ordered to pay. As someone else said, it'd be something if he did this way before the hearing, but to do it after judgement is passed has got to be illegal.

 

[Branded]

 

[kpopSuperstar]

Are you his wife?

 

[lughnasadh123]

 

[Von Hugh]

Shitty people doing shitty things to other shitty people.

 

[E-Cat]

I can't really get my head round passionately fanboying for (from what I gather ITT) a YouTuber who talked shit about some clown who's good at Donkey Kong.
I mean, of all the things to care about....

As a person who finds it intensely difficult to give a shit about most team sports, what I've often found is that I lack the whole lore and the sprawling stories and the rivalry behind it all. You can reduce it to "talking shit about some clown who plays Donkey Kong" all you want, but that misses 99% of the context. The context is what makes it good. It's a friggin' saga -- lost to most people, as are most stories in life in which one is not an expert. What's out there in the world that is truly "worthy" of caring about? A lot of philosophy goes into that debate, far beyond the scope of this thread.

 

[simpatico]

Uuuhhhhhh, I'm thinking you got it backwards??

Billy Mitchell, the Chad. Long flowing locks. Known galaxy wide as the All Time Reigning Champion of Donkey Kong. Arcade Version. He plays mano a mano. In person. Face to face. Skin to skin. He assaults all 5 sense. Vision - hair. Smell - Bleu de Chanel, 15 sprays minimum. Sound - sonorous vocal tones, celebrating a hard earned World Championship. Touch - Chanel Body Lotion. Applied every 82 minutes. Taste - this is a gaming forum. Not going here when kids might be reading. Implied though.

The cuck Karl. Stays indoors. Skin is translucent because of it. Makes YouTube videos with a phone camera. Does research all night instead of hanging out in arcades, honing his craft, working to be a global champion of something.


I think the choice is FUCKING CLEAR GAF

 

[mitch1971]

The fact there are plently of cheater stories out there - discovered by other peoples evidence and proved in the internet court - all Jobs had to do was make more videos about those open and shut cases and run up a good profit off youtube. But, no, not satisfied with his following and monthly paycheck, he had to go big and believe himself to be the king of cheating moral and go after someone known to be extremely litigious, and with second hand evidence at that, and make videos atop his high horse. All that money gone for just another cheating story. Well, it's cost him a shit load.