Re: incorporation
jan vroonhof wrote,
> Rick Hawkins <rhawkins@iastate.edu> writes:
>
> > 3) Liability. The corporation is legally a person. If someone got
> > the bright idea to sue Debian (for whatever reason, including
> > frivolous), individuals would be liable without incorporation.
> > Incorporated, individual liability extends only to acts of that
> > individual.
> Just wondering: If that was a concern wouldn't have been better to
> have incorperated in a country where the legal climate is less
> aggressive?
I don't think it would have helped. They would still have the underlying
individual liability, whether there was a foreign corporation or not. And
they're still most likely to be sued in their own country, wherever it may be.
I know very little about civil code/roman/napoleanic law (and nothing about
the types other than this and Common Law), but I doubt that it would provide
absolution for one's own action due to the existence of a corporation.
Also, despite other problems with a hostile legal climate, the protection in
the US from the corporation is close to ideal.
> It would proably have been more expensive though..
as to that, i can't even guess . . .
rick, esq.
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