zlacker

>>modele+(OP)
The defendant list is a bit bewildering. How usual is a corporate structure like this? Which, if any of these, is the nonprofit?

  OPENAI, INC., a corporation, 
  OPENAI, L.P., a limited partnership, 
  OPENAI, L.L.C., a limited liability company, 
  OPENAI GP, L.L.C., a limited liability company, 
  OPENAI OPCO, LLC, a limited liability company, 
  OPENAI GLOBAL, LLC, a limited liability company, 
  OAI CORPORATION, LLC, a limited liability company, 
  OPENAI HOLDINGS, LLC, a limited liability company,

>>epista+LW
It's incredibly common, there are probably even more but these are the most asset rich companies. If properly structured even something like a local gym is going to be 6-8 entities. I took multiple entire classes dedicated to corporate structure. Multiple entities are needed to maximize liability protection and tax avoidance purposes.

>>hattma+P11
> If properly structured even something like a local gym is going to be 6-8 entities.

Can you explain that? It seems outrageous to me.

>>SahAss+tv1
It's not true, and people claiming this are just trying to normalize these bizarre weblike corporate structures when in fact they're usually used to make a business law-proof in a way that's very contrary to the intent and purpose of the relevant law.

(If your local gym is structured as 6-8 entities you should probably not go there because you're going to be screwed if you injure yourself.)