Re: legal issues (suing debian, pine, et al.)
On Fri, 24 Apr 1998, Richard E. Hawkins Esq. wrote:
> It's not that simple. FIrst of all, didn't debian incorporate about two years
> ago?
>
> Secondly, without being incorporated, it wouldn't be just the individual
> maintainers at risk. Exactly how much of the leadership and how far down the
> chain of developers liability extended is debatatable, and far from pretty.
>
> rick, esq.
>
I think you have that backwards, you incorporate to LIMIT the liability
to the corporation. In a corporation only the assets of the corporation
are at risk. The assets of the owners of the corporation are not. This
prevents someone from grabbig your kid's college fund if they sue Exxon
and you happen to be a shareholder as an example. Debian's treasury would
be at risk if it is incorporated but the finances of its officers would be
safe. A corporation is an individual for legal purposes.
George Bonser
If I had a catchy quip, it would be here.
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