[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Toastmasters?
On Mon, 20 May 1996, Senator Exon wrote:
> How do corporations work, in terms of liability? If the cost of
> incorporating isn't forbidding, I would think a remailer operator might
> consider incorporating a company, and making the remailer a function of
> that company. That way, any losses are restricted to the total value of
> the corporation; that is, nothing. Any flaws? There must be something
> wrong with it somewhere.
All the corporate officers are public knowledge.
The corporate veil can pretty easily be perferated if there is a willful
attempt to avoid liability when conduct gets above a certain threshold.
This would be pretty easy to show in the event the corporation never made
dime one and never intended to.
Using corporations as a shield is, in my view, less desireable than having
blinded remailers.
>
> Thanks.
>
>
>
---
My preferred and soon to be permanent e-mail address:[email protected]
"In fact, had Bancroft not existed, potestas scientiae in usu est
Franklin might have had to invent him." in nihilum nil posse reverti
00B9289C28DC0E55 E16D5378B81E1C96 - Finger for Current Key Information
Opp. Counsel: For all your expert testimony needs: [email protected]