Re: new netscape servers

At 01:29 AM 3/7/96 -0500, Michael Froomkin wrote:

>Oh boy are there liability issues.  Talk to me if you seriously want to 
>know a lot more.  (My paper on this will be out soonish....)
>

However, a CA operating outside the licensing structure of current CA's
would have very low costs and hence no investment to lose in litigation.
Costs would be almost entirely marketing related and as long as you stayed
out of jurisdictions with some of the new CA law, no regulatory costs or
barriers.

DCF

On Thu, 7 Mar 1996, Duncan Frissell wrote:

> However, a CA operating outside the licensing structure of current CA's
> would have very low costs and hence no investment to lose in litigation.
> Costs would be almost entirely marketing related and as long as you stayed
> out of jurisdictions with some of the new CA law, no regulatory costs or
> barriers.
> 

I don't think this is definitional.  If nothing else they can take the 
equipment.  If you don't incorporate, your personal assets are at risk; 
if you do, you have to keep a real separation between the corporation and 
yourself, pay the taxes, etc.  Ok, make it a non-profit labor of love; 
low risks, no returns, then maybe you are right.  Just hope that there ar 
no punitive or large consequential damages, and no one pierces the 
corporate veil (unlikely, I admit, but not impossible).

What law applies to a certificate used in a multi-jurisdictional
transaction is less obvious to me than I would like.  I think I have
talked a student in my seminar into writing a paper to educate me. 

[The above may have been dictated with Dragon Dictate/Win 2.0 voice 
recognition. Be alert for unintentional strange word substitutions.]

A. Michael Froomkin        | +1 (305) 284-4285; +1 (305) 284-6506 (fax)
Associate Professor of Law | 
U. Miami School of Law     | froomkin@law.miami.edu
P.O. Box 248087            | http://www.law.miami.edu/~froomkin
Coral Gables, FL 33124 USA | It's warm here.