From: | Drew Curtis dcurtis@***.net |
---|---|
Subject: | Question about Corp Extraterritoriality (sp?) |
Date: | Wed, 15 Sep 1999 19:49:04 -0400 (EDT) |
> Walter Scheper wrote:
> >
> > I'm asking does UCAS have the
> > legal right in SR to just declare that it has revoked
> > extraterritoriality to a certain or all corps?
> > Ratlaw
>
> Yes it can do that. The question should be though: Do they want to do
> that? :-))
>
I would say that they couldn't do it legally. Corporate
extraterritoriality stems from the Shiawase decision, which occurred in
the UCAS. The courts have already ruled that it's legal. Unless the
situation changed, I doubht they could do it through the courts.
Aztlan did it once if I recall. Right after taking over for the Mexican
government they absorbed most if not all private interests in the company.
Although that's going a little farther than what you're suggesting.
My guess is it's not feasable even if a country were to do it. Revoking
extraterritorial status would most likely cause the megas to put out of
the country, and probably destroy the local economy in the process.
Drew Curtis, President, Digital Crescent, Incorporated
http://www.dcr.net (502) 226 3376 Internet and Software Design services.
Offering dial-up Access from Frankfort to Louisville and all points between.