[EuroPython] EEIG
Magnus Lyckå
magnus@thinkware.se
Sat, 12 Jul 2003 23:17:35 +0200
Andrew Smart suggested that EuroPython should be formed
as a European Economic Interest Grouping (EEIG).
The best reference I found for what that is is:
http://europa.eu.int/scadplus/leg/en/lvb/l26015.htm
It is my understanding, that the EEIG is intended more for
temporary, commercial joint ventures between compnaies in
different EU countries. It's my understanding that it would
*not* suit us for EuroPython.
My main concern is this:
"As a counterweight to the contractual freedom which is at
the basis of the EEIG and the fact that members are not
required to provide a minimum amount of capital, each member
of the EEIG has unlimited joint and several liability for
its debts."
This means that if the next EuroPython ends with a big debt that
the new EuroPython organisation can't pay, its creditors can
approach *any* member of the EuroPython organisation, and demand
that he/she/it pays the whole debt. That might be you...or me...
I don't really want to be a member of such an organisation. (Shrug!)
Not that I think that the EuroPython organizers would do a bad job,
but I'm not willing to bet my family's economy on it. I think we
must have an organisation that is an *independent* legal entity,
that can have profits, debts and taxes of its own.
I'm curious to hear more about the "International Non Profit
Association" that Denis mentioned. Perhaps that will be a better
fit.
--
Magnus Lycka (It's really Lyckå), magnus@thinkware.se
Thinkware AB, Sweden, www.thinkware.se
I code Python ~ The Agile Programming Language