<html><body bgcolor="#FFFFFF"><div>Thanks Mr. <span class="Apple-style-span" style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); font-size: medium; ">exchecueururuuawoeuosdf.</span></div><div><span class="Apple-style-span" style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); font-size: medium;"><br></span></div><div><span class="Apple-style-span" style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); font-size: medium;">Johannes<br></span><br>Sent from my iPhone</div><div><br>On Feb 8, 2012, at 10:23 AM, "Shefferly, Charles" <<a href="mailto:CShefferly@lear.com">CShefferly@lear.com</a>> wrote:<br><br></div><div></div><blockquote type="cite"><div><span>Johannes</span><br><span></span><br><span>The state level incorporation, is for tax purposes. </span><br><span></span><br><span>As for limiting financial liability from a law suit, that would be a</span><br><span>question for the Corporate legal dept.</span><br><span></span><br><span>-----Original Message-----</span><br><span>From: <a href="mailto:barony-bounces@cynnabar.org">barony-bounces@cynnabar.org</a> [mailto:barony-bounces@cynnabar.org]</span><br><span>On Behalf Of John Wilkerson</span><br><span>Sent: Wednesday, February 08, 2012 10:15 AM</span><br><span>To: Charles J. Cohen</span><br><span>Cc: <a href="mailto:barony@cynnabar.org">barony@cynnabar.org</a>; <a href="mailto:aelkiss@umich.edu"><a href="mailto:aelkiss@umich.edu">aelkiss@umich.edu</a></a></span><br><span>Subject: Re: [Cynnabar] Settlement</span><br><span></span><br><span>Again, new guy is confused (not the first time, won't be the last). I</span><br><span>thought the purpose of the incorporation was to separate the various</span><br><span>entities of the SCA and thus limit financial liability.</span><br><span></span><br><span>Based on my experience with other non-SCA groups this is how the model</span><br><span>usually works. I'm uncomfortable with corporate having access to local</span><br><span>funds.</span><br><span></span><br><span>My .02,</span><br><span></span><br><span>Johannes</span><br><span></span><br><span>Sent from my iPhone</span><br><span></span><br><span>On Feb 8, 2012, at 9:57 AM, <a href="mailto:charles@eecs.umich.edu">charles@eecs.umich.edu</a> (Charles J. Cohen)</span><br><span>wrote:</span><br><span></span><br><blockquote type="cite"><span></span><br></blockquote><blockquote type="cite"><blockquote type="cite"><span>  Judge says: 18% of total liquid assets.</span><br></blockquote></blockquote><blockquote type="cite"><blockquote type="cite"><span></span><br></blockquote></blockquote><blockquote type="cite"><blockquote type="cite"><span>  SCA says: That dollar amount equals 18% of our total liquid assets.</span><br></blockquote></blockquote><blockquote type="cite"><span></span><br></blockquote><blockquote type="cite"><span>This is a quibble, but no, this isn't correct. Look at the FAQ</span><br></blockquote><blockquote type="cite"><span>documents. This was a settlement. No Judge involved. The SCA was sued</span><br></blockquote><blockquote type="cite"><span>for a lot more money, and the lawyers negotiated a ton and a</span><br></blockquote><span>settlement</span><br><blockquote type="cite"><span>was reached that was a dollar amount. This should have been covered by</span><br></blockquote><blockquote type="cite"><span>insurance, but only one of the companies lived up to their obligation</span><br></blockquote><blockquote type="cite"><span>(the SCA is suing the others).</span><br></blockquote><blockquote type="cite"><span></span><br></blockquote><blockquote type="cite"><span>The amount we owe is a raw dollar amount. It was after the fact that</span><br></blockquote><span>the</span><br><blockquote type="cite"><span>18% amount was determined.</span><br></blockquote><blockquote type="cite"><span></span><br></blockquote><blockquote type="cite"><span>- Midair</span><br></blockquote><blockquote type="cite"><span>_______________________________________________</span><br></blockquote><blockquote type="cite"><span>Barony mailing list</span><br></blockquote><blockquote type="cite"><span><a href="mailto:Barony@cynnabar.org">Barony@cynnabar.org</a></span><br></blockquote><blockquote type="cite"><span><a href="http://lists.cynnabar.org/listinfo/barony">http://lists.cynnabar.org/listinfo/barony</a></span><br></blockquote><span>_______________________________________________</span><br><span>Barony mailing list</span><br><span><a href="mailto:Barony@cynnabar.org">Barony@cynnabar.org</a></span><br><span><a href="http://lists.cynnabar.org/listinfo/barony">http://lists.cynnabar.org/listinfo/barony</a></span><br><span></span><br><span>**********************</span><br><span>** LEGAL DISCLAIMER **</span><br><span>**********************</span><br><span></span><br><span>This E-mail message and any attachments may contain </span><br><span>legally privileged, confidential or proprietary </span><br><span>information. If you are not the intended recipient(s),</span><br><span>or the employee or agent responsible for delivery of </span><br><span>this message to the intended recipient(s), you are </span><br><span>hereby notified that any dissemination, distribution </span><br><span>or copying of this E-mail message is strictly </span><br><span>prohibited. If you have received this message in </span><br><span>error, please immediately notify the sender and </span><br><span>delete this E-mail message from your computer.</span><br></div></blockquote></body></html>