Gary Forster’s Article on the New Nevis LLC, published in the Sept. / Oct. 2017 ABA Property and Probate Magazine25 Sep 2017 Written by Gary Forster
ABA Property and Probate Magazine
The Nevis Limited Liability Company (Amendment) Orclinance (NLLCAO), 2015 (the "New Ordinance") strengthens and clarifies the prior Nevis Limited Liability Company Orclinance (NLLCO) of 1995 ("Prior Orclinance"). Among the improvements made by the New Orclinance are the addition of (1) fraudulent transfer provisions governing assets contributed to a Nevis LLC, (2) language prohibiting enforcement of foreign judgments against member equity, and (3) enhanced limitations on creditor remedies. This article explores several significant aspects of the New Orclinance.
Article Written for: Forbes.com
If you have an Amazon Echo, try this: Say, "Alexa, tell me a joke," but do it very quickly so that you finish the request before Alexa "wakes up" (indicated on the Echo by the blue light). Did you notice that Alexa dutifully complied, seemingly catching the request before she (it?) was awake? There is a simple explanation for this: Alexa (like other artificially intelligent digital assistants) is always listening. Indeed, Alexa starts recording "a fraction of a second” before the wake word. Google Home listens to snippets of conversations to detect the "hotword."