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5 points
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You just handed them 800k for nothing.

They didn’t necessarily hand them anything. If I get sued like I explained in my previous post for my LLC…

I only have 30k in my company’s account at this point. I turn off the patreon… I walk away from the company. Nintendo would only get the 30k even though the judgement was for 2.4 billion.

And if you couldn’t plan and account for potential (very realistic) legal fees, you kinda don’t deserve to be in business. Use 5k a year to get yourself a lawyer and change your process so you aren’t illegal.

Ahahahah. Yeah you’re a moron. Thanks for confirming it. 5k a year wouldn’t even be close to the cost for a legal battle against Nintendo.

Edit: You edited your post. There’s PLENTY of reasons to walk away. You’re just being obtuse because of some “moral” dilemma you believe exists that doesn’t. If they were actively developing their software, and actively spending their money they’re donated via patreon/other income streams… They might only have like 10k in the bank (or less). And walking away makes a BOATLOAD of sense at that point. Pay a lawyer 200k+ for a multiyear lawsuit and maybe not win… or lose the application (open source… haha what a “loss”) and lose 10k… It’s a nonissue, it’s an OBVIOUS answer.

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-4 points

Oh my sweet summer child, a LLC only protects you so much, look what happened to Gary Bowser, you would have to claim bankruptcy as well, your life is gone for years.

Thats called preventative lawyers, you use that BEFORE Nintendo sends their dogs, and you give them the paper work you’ve already paid for and have and let them yell in courts.

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4 points

And what LLC was Gary bowser operating under?

And no. If your llc dies you don’t have to personally claim bankruptcy. You have now said several things that are completely and utterly false. Continuing this conversation with you will never be fruitful if your going to continue to lie about basic facts.

Why do you think LLCs exist if you have to personally file for bankruptcy?

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-4 points
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Was the business he worked for not an LLC…?

https://www.pjlesq.com/amp/does-an-llc-always-protect-against-personal-liability

You should seriously read up on what an llc actually protects you from, because your lack of knowledge could put you in a seriously disastrous scenario you thought you were protected from.

Who the helm thinks a LLC protects them from everything…? The first term is literally LIMITED…… its not a full liability company lmfao.

Main relevant bit for you

In general, the tort participation theory is a legal principle that holds an owner of a company liable for the company’s torts (wrongful acts). This means that even if you are not the one who committed the tort, you can be held liable as an owner of the company.

Not protected from illegal actions… huh…. The exact scenario you just presented… huh… look at that…

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Memes

!memes@lemmy.ml

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