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Open Company Legal Structures
Every new economy startup hits the wall. Our legal system is set up to protect private property, not to enable commons based approaches. We still have to deal with the old world. How best to hack the legal system to support open companies and commons based approaches?
Curated by Kurt Laitner
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Nondominium_v0.4.docx - Google Drive

Kurt Laitner's insight:

My take on an idea by Chris Cook called Nondominium.  Chris uses this concept to manage a resource that is not ownable by definition (common resource of humanity, like space or ocean), or disputed territories, (like the Black Sea) - in order to exploit resources without needing to establish private property rights first.  I have used this idea to define a hack of property to unbundle ownership rights, strip a few troublesome ones away and manage the rest with a liquid equity approach.  Governance rights are also liquid.

 

A very dense document targeted to practitioners, my apologies.

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Overview of Innovative Business Models

Social Enterprise Alliance powerpoint overview of legal structure options

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Computable Contracts by Harry Surden :: SSRN

Computable Contracts by Harry Surden :: SSRN | Open Company Legal Structures | Scoop.it
It is possible to formulate contractual obligations so that computers can “understand” and make prima-facie compliance assessments with specified terms and cond
Kurt Laitner's insight:

nice to see contracts being broken out into clauses - not only are some clauses computable, all clauses are reusable if classified and marked up with tags.  would like to see a clearing house for contractual terms.  an approach very much to be emulated for open company legals

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Economy Sandwich

Explore the new economy with the Sustainable Economies Law Center! How are people putting the lively back in livelihood? Sharing, cooperation, DIY, and the l...
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