Return to tldreport Forum - Message Thread - FAQ

Username: Eliahu
Date/Time: Sun, November 12, 2000 at 10:21 PM GMT
Browser: AOL Browser V5.0 using Windows 98
Score: 5
Subject: You Only Answered The Side Question

Message:
 

 
       
      Thank you Kristopher.

      Being a non-recourse LLC, the individual member assets, which are outside of the LLC are protected.

      Take note of this ICANN.  When you are indemnified, you must not settle for indemnification by the LLC.  There may not be sufficient protection for you there.  You must also receive personal guarantees from the officers of each of the 19 individual registrars. 

      The question remains, if the jury award is in excess of available funds from the indemnifiers, can ICANN be held liable for the excess? 

      I would think; absolutely.  Am I wrong?

      To the insurance company covering the liability of Afililas; take note of this.  To the insurance companies of the individual 19 registrars, you would have to be out of your minds to allow your clients to make personal guarantees to ICANN.

       Thank you again Kristopher.  You were most helpful.

       Eliahu
 


Message Thread:


Privacy Policy | Terms of Service | Cookies Policy