iPredict

New Zealand courts to extradite Kim Dotcom to the United States before 1 January 2015

Long Description

This contract pays $1 if, before 1 January 2015, the New Zealand courts rule that Kim Dotcom is to be extradited to the United States; otherwise it will pay $0.

Judging Criteria 

The contract refers solely to the extradition case filed at the North Shore District Court on Friday 2 March 2012 referred to http://tvnz.co.nz/national-news/us-files-kim-dotcom-extradition-papers-4758850, and not to any other extradition case against Kim Dotcom that may be filed after the launch of this contract.

The contract pays $1 only when all possible appeals have been heard and judgments delivered. For example, should one court rule that Mr Dotcom should be extradited to the United States, the contract would not pay out until the other party or parties announced definitively and finally that there would be no further appeal or until all avenues for appeal available under New Zealand law had been extinguished.

The contract pays out based on a final court judgment, not the date that Mr Dotcom might leave New Zealand under an extradition order. That is, should the highest possible court rule on 31 December 2014 or earlier that Mr Dotcom is to be extradited, with no possibility of further appeal, but Mr Dotcom is still in New Zealand on 1 January 2015, the contract shall still close at $1.

The contract is about whether or not Mr Dotcom is extradited as a result of the proceedings begun at the North Shore District Court on Friday 2 March 2012. He does not have to be extradited under all the extraditable offences which may form part of those proceedings - just that those proceedings lead to him being extradited.

Traders should note the long timeframe on this contract.

All dates and times are in New Zealand time.

iPredict's judgement is final

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.