[Community] Concrete Example on somebody who would have joined NewOrg if it were there.
Brett McDowell
brett at projectliberty.org
Fri Jul 4 04:44:02 PDT 2008
Dan, don't you mean to say "IC as it stands today could not offer a
liability shield"... because NewOrg could cover this. Many umbrellas
like NewOrg already do this for their members.
Concrete example: Liberty has this coverage for its Board members by
virtue of being a "member" of IEEE-ISTO. So this kind of insurance is
cost effective and can scale down from the umbrella org to the
participating project leadership teams (in our case it starts with
IEEE-ISTO's Board and filters down to cover the Liberty Alliance
Management Board as well... the same is true for all 12 IEEE-ISTO
programs).
Nat, I accept your requirement as reasonable and necessary. Thank you
for providing it.
-- Brett
On Jul 3, 2008, at 4:10 PM, Daniel Perry wrote:
> 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/
>> _______________________________________________
>> Community mailing list
>> Community at idcommons.net
>> http://mail.idcommons.net/cgi-bin/mailman/listinfo/community
>
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