Toastmasters?

[Black Unicorn]

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.
> 
> 
> 

---
My preferred and soon to be permanent e-mail address:unicorn at schloss.li
"In fact, had Bancroft not existed,       potestas scientiae in usu est
Franklin might have had to invent him."    in nihilum nil posse reverti
00B9289C28DC0E55  E16D5378B81E1C96 - Finger for Current Key Information
Opp. Counsel: For all your expert testimony needs: jimbell at pacifier.com