The company was chartered under the legal guidance of The Berkman Center, specifically The Vermont Project. We worked diligently through the unique legal format

The company was chartered under the legal guidance of The Berkman Center, specifically The Vermont Project. We worked diligently through the unique legal formation to be sure it complied with all tax code and SEC laws. There is nothing in our legal agreement that explicitly states we are LLC partners, but rather a member owned and managed LLC under Vermont law. http://cyber.law.harvard.edu/ http://cyber.law.harvard.edu/ http://lawlab.org/digital-institutions/vermont-project/ http://lawlab.org/digital-institutions/vermont-project/ http://cyber.law.harvard.edu/interactive/events/luncheons/2009/10/lawlab http://cyber.law.harvard.edu/interactive/events/luncheons/20... It is a unique and innovative legal formation yes, but not an illegal one.