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That's the point. If I run a US-based company and have 0 assets in X country, it doesn't matter. EU lawyers would also know this and also wouldn't bring it to c
by MVorlm 9y ago
That's the point. If I run a US-based company and have 0 assets in X country, it doesn't matter. EU lawyers would also know this and also wouldn't bring it to court. It's just a waste of everyone's time.
I'm certainly not going to do anything If I get a summons from a random country due to some random law. Especially if it means nothing in the country I'm currently located in.
- toomuchtodo 9y agoAnd you have no plans to have assets or employees in the EU. Ever.
- kuschku 9y agoIt does matter if your bank will comply, and no bank will risk getting banned from the EU market for a small customer like you. Some day you’ll wake up, and notice all your corporate bank accounts are empty and frozen.