> I very strongly said I would rather have Alex hold the name in trust > for ever rather than having a USA LLC or non profit company created. > > A trust would be something. But that is a legal entity, also covered by some > countries laws, and a trust requires details to be addressed that have not > yet been address. And until your email a trust hasn't been explicitly > proposed (at least I don't think one has.)
It is like a contract, written contract is easier to prove than an oral one. English common law supports the concept of 'in trust' without a Trust Deed being created. I think however that the current set up is 'for now' which leads to your next point. > All I'm asking is that we stop debating what *not* to do and start > discussing what *to* do. I think we first need to decide on the problem before working on the solution. Alex posted that we seem to have three issues: 1, How to pay for/who owns the domain, long term 2, What kind of entity could exist 3, The definition of coworking I think it is actually bigger than this because as soon as you explore point 2 'entity' you need to review things like funding, membership/shares, voting, directors, legal compliance, yadda yadda yadda. I now present to you pandora's box. We are starting to open that box with this domain name... -- Steven Heath Director, Foxbane Consulting Founder, AltSpace Cell: +64 21 706-067 www.foxbane.co.nz Level 22 Plimmer Towers 2 Gilmer Terrace Wellington AltSpace.co.nz - Shared office space in Wellington for home based workers, freelancers, or nimble companies -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
