On Feb 10, 2010, at 4:43 AM, piraino77 wrote: >>> The big advantage of using an LLC business structure is the >>> liability protection. That might be the only advantage, actually, > >> That agrees with what I've read so far. So, what is the danger of >> being sued? I understand that it could happen at any time, but has >> anyone on this list been sued over their software? > > I've wondered this as well. The only avenue I see in my particular case is > that my app (DomainBrain) stores data for the user - I wonder if a > (hypothetical!) bug in the app caused a customer to lose records for a large > number of domains, would that open me up to being sued. > > Does anyone think an LLC is more advisable when developing certain types of > software - such as apps that store data, as opposed to tools that perform a > task but don't store any critical info?
You could be sued for any number of things including patent infringement, copyright violations, trademark disputes, not paying bills, someone mistaking your company for the one they actually wanted to sue, etc. Any of course you don't have to have actually done anything wrong, people sue for just about anything these days. Dave
