Hacker News new | past | comments | ask | show | jobs | submit login

To enforce it properly, it would be best to require one or more directors to provide guarantees for the money that would potentially be owed.

For comparison: in the UK, it's not uncommon for suppliers to require a director of a new llc to sign for the goods guaranteeing payment if the llc can't make the payments. I imagine this is mostly for fraud-prevention purposes, but it seems to be the best model to follow here.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: