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.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?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.