Quote from: stochastic on October 11, 2012, 12:44:44 AM

Quote from: bitcoin.me on October 11, 2012, 12:34:42 AM

Quote from: stochastic on October 11, 2012, 12:24:29 AM

Quote from: DeathAndTaxes on October 11, 2012, 12:17:18 AM

Quote from: Rarity on October 11, 2012, 12:11:33 AM

Quote from: DeathAndTaxes on October 11, 2012, 12:05:57 AM

Generally equity owners (not be confused with directors, executives, employees, officers) are not held liable for the actions of the company

But what about partners?

Well that is why making up these "quasi pretendo companies" is not a good idea. If it was actually a partnership then yes all partners are equally and fully liable. Of course that would require a partnership agreement and partnerships don't have shares, stock, or shareholders. It is almost like Nefaro took the worst aspects of a partnership, sole proprietorship, limited liability company, and corporation and turned it into some franken company.

Maybe that is the lesson in all this. Forming a real discrete (i.e. seperate from the owners) legal entity is trivial these days and cost a norminal amount of money. It then lets us answer questions like the above and prevents any ambiguity. I mean how many "shareholders" realized that under a partnership they have unlimited personal liability (i.e. you can lose everything you own, your house, your car, all your assets, the money from your bank account, and even the clothes from your closets).

I assumed that those that form these amateurish general partnerships were doing so in the libertarian/anarchistic ethos of looking at limited liability with suspicion. Of course they want limited liability when shit hits the fan.

I already requested scammer tags for all partners of BitcoinGlobal if all the funds and coins were not returned to GLBSE users but I was denied. This is even though theymos said that the BitcoinGlobal bylaws are enforceable on these forums, hence nefario receiving a scammer tag for breaking the bylaws. If BitcoinGlobal is a partnership, then they are liable for any and all debts that BitcoinGlobal has. If they can't pay those debts then they are scammers.

I think Nefario getting the tag was used as a "lever" for certain people to get what they want, more than anything else. The funny thing is I actually have a pty ltd business setup in Australia called "noagendamarket" which is the name I used as the partner for bitcoinglobal. In effect "noagendamarket" is a company not my actual name.

https://www.trisearch.com.au/trisearchASICcc.nsf/ASICOrder?OpenForm&acn=147919239&hdr=ACN&type=APTY&class=LMSH&stat=REGD&namec=NOAGENDAMARKET+PTY+LTD

My real name has no ties to bitcoinglobal and Ive never sent fiat money to anyone else involved in it.

Nefario got the scammer tag because he broke the bylaws of BitcoinGlobal, this is why theymos requested a scammer tag.

Watch out PG will come after you...

Quote from: Phinnaeus Gage on October 13, 2011, 12:51:45 AM

Is David Hollis the same guy as noagendamarket?

Sure he already has once before and thats because my identity is easy to find Tongue

http://www.youtube.com/watch?v=5q8zUxTXNiI here I am with a group of people at OM last year lol

While I could hide behind the company I dont think thats fair and trying to make good is the right thing to do