Setting Up a Cayman Islands Company [pdf]
I'm curious if any HNers have any ideas for ways to use off-shore status to protect your website from frivolous libel claims.  I run some forums in the automotive industry that have been around for about 15 years.  I take pride on being pro-free speech and loosely moderating things, only taking down obviously illegal posts, copyright infringements, etc.  Despite that, I still occasionally get legal threats from people who have gotten their feelings hurt.  In one case, the threats came from an actual attorney who was representing a shady commercial seller who got into it with some of our members.<p>I would love to move the ownership of the forums to some sort of arrangement (offshore) where they are essentially immune to frivolous libel claims.  I want attorneys to look at us and tell their clients that it's simply not worth going after us.  Is there such a place?<p>edit:  I forgot to mention that my site runs no ads and makes no money whatsoever...a rarity in the forums world.  I keep it like this because I love the hobby and I hate all of the other shitty forums sites that are filled with adware garbage.  Given this, it's a real hardship when some attorney threatens me with a lawsuit because I just don't have the cash to properly defend myself.