- Joined
- Mar 24, 2025
- Messages
- 78
You may do so.Your honor,
As the current Secretary of Commerce, I wish to file an Amicus Brief regarding the corporate structure of Vanguard & Co and how that may impact the defendant of this case.
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You may do so.Your honor,
As the current Secretary of Commerce, I wish to file an Amicus Brief regarding the corporate structure of Vanguard & Co and how that may impact the defendant of this case.
IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
AMICUS BRIEF
Your honor,
The current question that is posed in the court is whether or not Nexalin is liable for the liabilities of Vanguard Securities LLC. I wish this brief will give some more context on the corporate structure of Vanguard & Co so the court will be able to make an informed decision on if Nexalin can be considered liable for Vanguard Securities LLC.
Looking at a literal sense, Vanguard Securities LLC is owned by Nexalin directly. As Vanguard Securities LLC is a sole properitorship, the owner of the DB would be liable for any liabilities that the company may take on. This means that the debt will pass onto Nexalin.
However, Vanguard Securities LLC was also publicly shown multiple times as owned by Vanguard & Co. As shown in the attached diagram, Vanguard Securities was a subsidiary of Vanguard & Co. This diagram was published in #economics on April 9th, 2025. More instances of this diagram was also shown to DOC employees in classified channels or chats deleted by Nexalin. This isnt just a one-off instance of Nexalin claiming this, he showed this to Department of Commerce employees and released it in public, showing it was at least true until the time Vanguard & Co was seized by the DOC.
What does this mean? While Vanguard Securities LLC is a sole propertiorship and the in-game owner of said firm is the one liable, you can bring a good point that Vanguard & Co actually was the one to own the sole properiorship of Vanguard Securities LLC as shown by the diagram. While they aren't the in-game owner of the firm, it can be argued that Vanguard & Co couldn't directly own Vanguard Securities LLC due to limitations in the plugin.
I hope from this information that the court may be able to come to a much better consensus on how to rule on this case. While the defendant of this case may not matter as much, it does give precedent that sole properitorships may not be owned by individual companies. The court should be informed of this information so that they dont unwillingly create precedent that may be against the court's intentions. Allowing Nexalin to be sued for the actions of Vanguard Securities LLC implies that sole properitorships may not be owned by non-player entities and does have an impact on corporate law. While the court may be willing to create this precedent, the court should be informed that it will be creating such a precedent.
Message Link of Diagram in Discord