3 ms·
What if the owner is a citizen of a EU country? I'm genuinely curious.
by 77pt77 9y ago
What if the owner is a citizen of a EU country?
I'm genuinely curious.
- notyourday 9y agoMaybe they can do that, but that would require piercing corporate veil first which is costly. JoeSchmoeLLC is probably judgement proof. Any attempt to force it to comply would cost a boat load of money. However, it is a lot more likely that the LLC is owned by those with no nexus to Europe it is extremely unlikely that EU can do anything to punish this company. Hell 99% of web forums have European users. Maybe it will have teeth against Google/Facebook/Tinder/Match/etc because those companies actually have assets in Europe but it won't be effective against companies with no nexus.