This case arises out of a bitter family dispute of long standing over control of the Takara corporate entities. Plaintiff Mitsuhiro Honzawa was sued in New York and several international forums for allegedly converting $2,346,841.28 in corporate funds. The evidence was based in large measure on hearsay. Liechtenstein was chosen as one of the international forums apparently because of its liberal rules on the admission of hearsay evidence. The Takara corporate defendant herein...
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