From: Black Unicorn <unicorn@schloss.li>
Date: Tue, 21 May 1996 01:59:30 +0800
To: Senator Exon <remailer@2005.bart.nl>
Subject: Re: Toastmasters?
In-Reply-To: <199605200437.GAA20138@spoof.bart.nl>
Message-ID: <Pine.SUN.3.93.960520074728.29440C-100000@polaris.mindport.net>
MIME-Version: 1.0
Content-Type: text/plain


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.
> 
> 
> 

---
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