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

[Brett McDowell]

Allow me to introduce you to Peter Lefkin, COO of IEEE-ISTO.  He can  
answer your questions about how IEEE-ISTO provides liability coverage  
for its programs.

-- Brett


On Jul 8, 2008, at 9:00 PM, Nat Sakimura wrote:

> In terms of risk management, I suppose it ends up in
>
> 1) Identification of Risks
> 2) Installing risk control measures.
> 3) Risk financing (insurance, captive insurance, etc.)
> 4) Identification of remaining risks and acknowledgement of them.
>
> These needs to be done in any cases.
> Having a legal shelter affects 1) and 3) above.
> In terms of 1), having "limited liability" is a huge gain against  
> "unlimited liability".
> In terms of 3), it would be much easier to get insured when its  
> "limited liability" incorporated status is clear, and can  
> demonstrate the rigorous risk control mesures.
>
> =nat
>
> On Tue, Jul 8, 2008 at 8:47 PM, Daniel Perry <dan at danielperry.com>  
> wrote:
> Incorporating is a non-trivial task but even incorporation does not  
> offer complete liability protection. You must comply with  
> corporation laws and even take no action inconsistent with proper  
> corporate purposes/regulations. It really comes down to comfort, I  
> suppose, as to what level of formal entity you need before you feel  
> comfortable enough to contribute. That's why I was asking for what  
> conduct you needed protection.
>
>
> On Jul 8, 2008, at 2:41 PM, Nat Sakimura wrote:
>
> Sorry that I did not respond earlier.
>
> Yes. Incorporating itself would give it the legal shelter, and that  
> is what OpenID Japan is going after. However, in many cases,  
> incorporating as a non-profit is a non-trivial task and quite  
> costly. If a project could operate at a ligher weight level, it will  
> actually get more things done in shorter timeframe.
>
> =nat
>
>
>
> -- 
> Nat Sakimura (=nat)
> http://www.sakimura.org/en/

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