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Comment: Capitalism and Corporate Structure (Score 1) 327

by nickrout (#33272830) Attached to: BFG Tech Sending Out RMA Denial Letters, 'Winding Down Business'
Like it or not, this is how limited liability companies work. Your potential liabilities exceed your assets, you fold your tent ans steal away like a theif in the night. The same shareholders and same directors can set up a phoenix company the next day and buy the assets of the old company (at firesale price) and start again. The limited liability company is the root of capitalism, and I suggest we are stuck with it, for better or worse.

Comment: Hopefully it's a matter of taste (Score 1) 389

by nickrout (#31239230) Attached to: IOC Orders Blogger To Take Down Video
If many sites have taken the video down I hope that is a matter of good taste rather than bullying by the IOC. What public interest is there in seeing someone die a painful death? We must remember that just because members of the public are interested, that doesn't make release or dissemination "in the public interest".

Comment: Re:Stupidity countdown (Score 1) 445

by nickrout (#28682933) Attached to: Wells Fargo Bank Sues Itself
Yep those who read TFA AND the comments will realise that its the law that requires WF to name itself as a defendant (which is not the same as suing yourself). And you rightly identify that the real stupidity was lending too much. Thats the real story. I had a bank manager ring me the other day about a client's contract to buy a house. She said "My god these people seem to have signed a contract that isn't subject to gettiong bank finance approval, why would someone do such a thing?" My response: "Because for the last 3 to 5 years everyone in the market is used to the banks saying 'yes' to every damn thing!"

Comment: Re:Outrageous (Score 1) 390

by nickrout (#28508485) Attached to: Judge Thinks Linking To Copyrighted Material Should Be Illegal
How about this as a solution to the perceived problem of print media losing sales because of people linking to stories on their web pages. Take down the print media web pages, then is someone says "theres a good article in the NY Times on X" the reader has to go out and buy the NY Times. Or, to put it another way, by developing extensive web sites the print media are no longer just "print" media - they are by definition internet media (in relation to their web pages) and must find new ways of making money. (Thank god for adblock plus)

Comment: Memento would not be the same... (Score 2, Informative) 443

by nickrout (#28100707) Attached to: Polaroid Lovers Try To Revive Its Instant Film
Memento just would not be the same if Guy Pearce|Leonard had to attach the camera to a digital printer, print out the picture and THEN write all over the pic. He'd have forgotten what the pic was about before he got all that done. I suppose he would have had some i-phone like device and spoken the notes into the inbuilt voice recorder. But the movie just would not be the same!

Comment: Re:Our laws are not even wrong (Score 1) 470

by nickrout (#27871653) Attached to: Court Sets Rules For RIAA Hard Drive Inspection
The opposition has always had access to every relevant "document" in a court case. A computer file is a "document" - at least in the jurisdiction where I practise law. The usual procedure for paper documents is simply to copy them and send them to the other side. Its not so simple for computer files. At least the court has limited what the expert can look at.

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