* Posts by GarU

1 post • joined 28 Jan 2012

ICANN responds to smut portal antitrust lawsuit

GarU
Headmaster

"ICANN is a not-for-profit, public-benefit corporation" and not a non-profit !

Per ICANN's court filings they claim that they are a "not-for-profit, public-benefit corporation" -- and not a non-profit. IANAL, but I have been told by several lawyers that there is a hudge difference between a "non-profit" (say a 501(c)3 corporation) and a "not-for profit" corporation."

It appears to me that the author of the article in The Register as well as a number of people making comments are blurring these differences. The New York Secretary of State has a nice website explaining what a Not-for-Profit Corporation is !

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