[Community] Concrete Example on somebody who would have joined NewOrg if it were there.

[Daniel Perry]

Nat:

I had to weigh in here. Perhaps I am missing something but what  
unlimited liability do you, as a working group, face?

Of course, IC was intended to be very light weight. There is no  
conceivable way for IC to offer a liability shield - no insurance  
company would cover it. But the working group(s) could from their own  
not-for-profit, Limited Liability Company (LLC), or other incorporated  
entities if that protection is necessary. Since it appears that OpenID  
Japan is already formed as an entity then you would be entitled to  
whatever protection your jurisdiction of incorporation would provide.

Regards,

Dan Perry

On Jul 2, 2008, at 5:08 AM, Nat Sakimura wrote:

> While I was forming OpenID Japan, we have encountered the some of  
> the bootstrap problems.
>
> 1. Starting as an Informal organization was easy, but it has no  
> umbrella of limited liability.
>     Every member of such an organization is exposed to unlimited  
> liability.
>     This is clearly not desireble.
> 2. The option we had was to be a member of a legal identity that  
> could give us:
>     (1) Independent Governance and Branding
>     (2) Financial Autonomy, with a bank account that allows us to  
> receive money
>     (3) Limited Liability Umbrella.
>     Additionally, if we had
>     (4) Technical Infrastructure such as Wiki etc.
>     (5) Administrative help
>     it would have been even nicer. (Looks similar to Tier 3 WG in  
> Bret's mail).
> 3. As a regional entity in the OpenID world, we seeked this to OIDF,  
> but
>     it did not provide it. Thus, we had to incorporate in our own.
>     This was a big bootstrap problem for us: we spent nearly 5  
> months for
>     incorporation (still underway) and together with it,  
> considerable legal cost etc.
>     i.e., we have wasted both time and money, and we continue to,  
> because
>     we have to do a lot of non-core things when we incorporate on  
> our own.
>
> If IC could provide items in 2. above, then forming OpenID Japan as  
> a WG of IC was
> clearly a preferred option for us.
>
> (By the way, does IC provide these? )
>
> My 2c.
>
> -- 
> Nat Sakimura (=nat)
> http://www.sakimura.org/en/  
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