Limited Liability Company Abolition Act of 2014 (Failed) (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 01, 2024, 05:59:55 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Atlas Fantasy Elections
  Atlas Fantasy Government (Moderators: Southern Senator North Carolina Yankee, Lumine)
  Limited Liability Company Abolition Act of 2014 (Failed) (search mode)
Pages: [1]
Author Topic: Limited Liability Company Abolition Act of 2014 (Failed)  (Read 2096 times)
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« on: February 26, 2015, 09:01:22 AM »

I'm obviously complete blank on the issue of Atlasian/American company charters, but in Austria, companies similar to what would constitute an LLC in Atlasia/America is often used by very small firms, one person companies, like your local barber or the local restaurant; and I suppose those are not the people we should "punish"?
Logged
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« Reply #1 on: February 27, 2015, 10:57:52 AM »

So is a LLC not that if your firm gets bankrupt, you don't have to pay for everything with your private money? (Sorry for the bad wording, I hope you understand what I want to say...)
Logged
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« Reply #2 on: February 28, 2015, 04:41:01 AM »

So is a LLC not that if your firm gets bankrupt, you don't have to pay for everything with your private money? (Sorry for the bad wording, I hope you understand what I want to say...)

It also extends to legal liability, which is what TNF is gunning to remove here.

Ah okay, in that point the US and Austria seem to differ... If you do something wrong, well, then you should be the one to take the consequences fully; I though that would be common sense?

I guess I could support that bill if it exempts smaller, locally-based or even just one-person firms, like idk, the local restaurant or the local haircutter... Helping "Main-Street Atlasia" in a way. I do fully support that bigger firms have to stand for what they did, I guess that is common sense, but it might be helpful for our economy if we gave smaller, locally-based firms a starting help, which a LLC often can be (at least in Austria). Maybe a provision that would mandate LLCs to jump to another charter once they reach a certain size, or a certain volume?
Logged
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« Reply #3 on: February 28, 2015, 04:36:00 PM »

I guess I must clarify my earlier statement, this amendment would not go as far as I could see myself supporting this bill. I dissaprove of the notion to abolish LLCs in general, I would however have a lesser problem with making it harder for bigger companies to register as a LLC. I am sorry if my bad wording due to sheer incompetence with the handling of the English language delivered that I hold a different point of view.
Logged
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« Reply #4 on: March 07, 2015, 01:47:48 PM »

As soon as we have a new Speaker, let's get done with this...
Logged
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« Reply #5 on: March 09, 2015, 09:10:06 AM »

I will second the motion
Logged
Cranberry
TheCranberry
YaBB God
*****
Posts: 4,501
Austria


« Reply #6 on: March 10, 2015, 11:42:20 AM »

Nay
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.024 seconds with 12 queries.