UPDATE - STAFFING IS COMPLETE
Work Product: Guidance paper regarding DAO defense fund structuring and legal claim standing (WG#1)
Manager: MAG
Staffing:
- Core team: Staffing Complete
- Research Aides: 2, BLIP from Brooklyn Law
Description of Deliverables:
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The Guide should have sections providing “out-of-the-box" creative thinking and guidance on the following:
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An overview of attorney client privilege and particular issues w/r/t DAOs
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How to maintain privilege amongst DAO members (incl anons)
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An overview of Joint Defense and issues / limits of representing a group (incl anons)
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Contingency planning for when interests aren’t aligned (1) at the outset as well as (2) during the course of representation
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Specific issues and guidance relating to representation of anons
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Conflicts issues.
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Can you have an engagement letter or retention agreement with an individual with only a TG handle? Jurisdictional issues/firm policies etc.
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But, remember, we are providing guidance to DAOs, not lawyers. Discuss creative options, where possible.
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Proposed model structures and parameters for proper DAO legal defense funding
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Can you put together a foundation with the sole purpose of funding defense when conditions met?
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Are there other ways to structure this?
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Standing issues.
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Rule 23 allows uninc associations to defend and prosecute actions collectively. Are there other avenues?
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Can a DAO assign its rights sufficient to confer standing
Process:
- Complete Staffing (Please complete application by 10/13 if interested)
- Set up Coordinape Gift Circle with Core Team
- MAG to hold kick-off call with team, set up work space and intake process for research requests