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Date:      Thu, 19 Feb 1998 09:57:28 -0600
From:      "Adam W. Dace" <awd@fastparts.com>
To:        boia01@gel.usherb.ca
Cc:        Tony Kimball <alk@pobox.com>, java@FreeBSD.ORG
Subject:   Re: Sunsoft swing classes
Message-ID:  <34EC5668.DB3255D0@fastparts.com>
References:  <Pine.BSF.3.95q.980218125751.16514A-100000@teel.info-noire.com>

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Alex Boisvert wrote:

> > Oh it's a *very* good idea!  An LLC with no assets is the closest you
> > can get to being lawsuit-proof.  (The coders obviously incur no
> > liabilities, only the publisher.)
> 
> I can't say anything for the US, but in Canada if you did that, the
> administrators of the corporation WOULD be considered possible lawsuit
> targets has they have a 'civil' responsibility with respect to law.
> 
> That's why administrators who fraud can be sued... and that's a very good
> thing.  There's probably an equivalent concept in the US.
> 
> Wanna be the administrator, not just the coder? ;0)

Not particularly, I just want to see it happen.  Imagine pulling up a
Java-based mail tool(or anything else for that matter) and having a
Look'n'Feel menu that gives you the following options: Win95, MacOS,
Motif, Java, Metal, OpenStep, Rhapsody.

*chuckle*  A lot of Internet gambling companies and other misc.
companies have been setting up shop in countries like Anguilla where
they pay a fixed setup fee, then hardly anything in taxes.  This also
protects them from U.S. law.

I wonder what the law in Anguilla would be?  :-)  In many cases like
this, it's quite possible to be living in the U.S., but have a
corporation or other entity setup in another country.  Ahh the joys of
legalese(something I am definietly not complete cogniscent of, but enjoy
theorizing about).

-- 
Adam W. Dace (AD332) | E-Mail:       awd@fastparts.com
Software Programmer  | Office URL:   http://www.fastparts.com/
FastParts, Inc.      | Personal URL: http://www.turing.com/awd/

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