[Coco] Falsoft, INCORPORATED

[Bill Barnes]

Ok, Let's think a sec.
Lonnie Falk ran Falsoft.... Falsoft was incorporated, was it not? Rainbow bore the copyright belonging to FALSOFT,Inc.
 
Lonnie may have been the brains behind The Rainbow, and FALSOFT, Inc. AS it was incorportated, it is it's own entity.
 
cor·po·ra·tion ˌkɔrpəˈreɪʃən/ [kawr-puh-rey-shuhn]
–noun 



1.
an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members. "Corporation." Dictionary.com Unabridged (v 1.1). Random House, Inc. 16 Aug. 2008. <Dictionary.com http://dictionary.reference.com/browse/Corporation>.

Hmmm, Falsoft, as a Corporation (i.e. Incorporated), would live on without Lonnie. Now, if upon his death, NOBODY took over for him, AND the the company dissolved, without transferring it's rights to any of it's assets, including The Rainbow Magazine... The Legal question is what happens to the copyrights?
 
Guess we need to find out if Falsoft, as a corporation lives in any way, shape, or form as a legal entitiy, and what assets were transfered from Falsoft to another party, (in regards to The Rainbow in particular). 
 

If Falsoft is a legal entity no more, WHO has those rights? We presume Lonnie's estate.
IF Falsoft lives on as a legal entity, we need to deal directly with Falsoft, not Lonnie's estate regarding The Rainbow.
But, were the Falsoft assets transfered to his estate legally? (i.e. Coporate sale/transfer), or were they left with the company?
What happens to the assets of a company that is dissolved, yet did not transfer ownership of assets?
 
Im not a lawyer, just a business man who has a fondness for his first "real" computer, and would *love* to have his old hardware again. (I lost it when my Ex got rid of our storage, and I had no other place to store it...wish I had now.)

-Later!
 -WB-    -- BABIC Computer Consulting.


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Message: 16
Date: Fri, 15 Aug 2008 21:11:26 -0400
From: "Paul E. Jones" <paulej at arid.us>
Subject: Re: [Coco] Old Coco Media
To: "'CoCoList for Color Computer Enthusiasts'"
<coco at maltedmedia.com>
Message-ID: <00f101c8ff3d$017e6e10$047b4a30$@us>
Content-Type: text/plain;	charset="us-ascii"

Ron, et al,

I believe that a few folks on this list would pay.  But, I believe there are
only two reasons why they would do it:
1) To lend a hand to the cost, time, and trouble of the person who did the
work -- a reward, more or less, that is still likely to be less than the
real sweat put into it
2) "For memory sake"

I agree that there is really no "value" in terms on money.  And, as
each
year passes, even the "thanks for your hard effort" potential will
diminish.

What we ought to do is determine who, if anybody, owns the copyright.  What
happened to Falsoft?  If it just closed and no entity acquired its assets,
then there is no copyright holder. (That could complicate things if, as
somebody suggested, Falsoft did not own the rights.  What I contributed
belonged to Falsoft.)

I tried to contact Ms. Falk not too long ago, but just got an answering
machine and no return call.

I think trying to find Falsoft's successor is the only solution.  The only
other solution is to just make the (likely reasonable) assumption that it's
all in the public domain and see what happens.  Heck, what would the damages
be for things of no value and upon which we had reason to believe were in
the public domain?

Is there anybody in or around Prospect, KY who can go knock on a door?  It
can't be that hard to find out where things stand.

Paul