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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