After the bankruptcy of Mt. Gox, the Japanese police opened an investigation into this case.
Blondin is a bankruptcy lawyer, like Warren, and has known her for decades.
In the first quarter of 2013, bankruptcy filings were off 14 percent from the first quarter of 2012.
Legally declared insolvency, or inability to pay creditors.
Note: If an individual or a corporation declares bankruptcy, a court will appoint an official to make an inventory of the individual's or corporation's assets and to establish a schedule by which creditors can be partially repaid what is owed them.
Note: An individual who is lacking a specific resource or quality is sometimes said to be bankrupt, as in intellectually bankrupt or morally bankrupt.