kaal:claim:3799320-010

Private agreements that limit remedies to DAO assets are unlikely to be upheld if the DAO faces a tort suit.

Parties may be able to limit remedies to DAO assets through private agreements. But, if the DAO should face a tort suit, such an agreement is unlikely to be upheld.

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021), Regulatory Uncertainty, p. 9
https://ssrn.com/abstract=3799320 · source PDF

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

• tort claims rather than contract claims
• off-chain dispute settlement

failuresupport: assertedfailure: Contractual remedy cap fails in tortfamily: legal-personality-and-liability-gaplaw-and-legal-systemsrisk-and-incentives

• restates kaal:claim:3652481-015 Parties may try to limit remedies to DAO assets through private agreements, but if the DAO faces a tort suit s...

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