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Re:State court orders Kickstarted game creator to pay $54k f... by tedunangst on Friday September 11, 2015 @07:59PM (#10206757)
Will it matter? It seems the people most likely to be sued are exactly those for whom the LLC will offer no shield.
Re:State court orders Kickstarted game creator to pay $54k f... by arrosenberg on Friday September 11, 2015 @08:15PM (#10206795)
No, not in cases like this, given that most judges would pierce the veil in cases involving bad actors. However, given that a precedent for suing a failed Kickstarter was just set, it makes a ton of sense to form an LLC before doing a Kickstarter now, since funders may not make rational decisions about whether to sue or not if they don't get their rewards.
Re:State court orders Kickstarted game creator to pay $54k f... by tedunangst on Friday September 11, 2015 @08:41PM (#10206851)
I would argue the precedent is now set for "bad kickstarters" not just "failed kickstarters", but ok.