Re: [At-Large] [NA-Discuss] Suggestion: Name the public as intended beneficiary of RALO MOUs
In Italy we would solve the matter in a different way, with a different type
of contract, but I am not sure that this would be considered a proper way in
some other parts of the world....
;>)
> -----Original Message-----
> From: alac-bounces@xxxxxxxxxxxxxxxxxxxxxxx
> [mailto:alac-bounces@xxxxxxxxxxxxxxxxxxxxxxx] On Behalf Of
> Bret Fausett
> Sent: 23 March 2007 20:55
> To: Vittorio Bertola; Wendy Seltzer
> Cc: ALAC; Michael Maranda; na-discuss@xxxxxxxxxxxxxxxxxxxxxxx
> Subject: Re: [At-Large] [NA-Discuss] Suggestion: Name the
> public as intended beneficiary of RALO MOUs
>
> On 3/23/07 11:48 AM, "Vittorio Bertola" <vb@xxxxxxxxxx> wrote:
> > I must say that this concept of a private contract between A and B
> > which can be used by a third party C for sueing A is
> something a bit
> > out of my understanding, I think there's nothing like that
> in Italy...
>
> Just as background, in the U.S., people who are intended to
> benefit from a contract to which they are not parties are
> allowed to sue, as "third-party beneficiaries," when their
> interests are affected adversely.
>
> For example, let's say I give you $100,000 and I ask you to
> invest it for the benefit of my children, and you agree to
> pay it out to them when they reach the age of 21, minus your
> administrative fees. You take the money and spend it on a
> single hand of blackjack in Monaco, and you lose all the
> money. My children can sue you, even though they didn't have
> an agreement with you. I wouldn't be surprised if you have
> some similar laws in Italy (and elsewhere).
>
> In the U.S., this right of intended beneficiaries to sue is
> typically implied into every contract.
>
> Bret
>
>
>
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