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<p>[QUOTE=&quot;calcol, post: 2441502, member: 77639&quot;]Although there has been quite a bit of discussion about how much should be paid, the fundamental issue is no payment at all was offered.&nbsp; If payment were offered, then&nbsp; arguments about how much would be more pertinent.&nbsp; SEGS may be on strong legal ground regarding the LLC not having to assume any liabilities, policies, etc. of the corporation.&nbsp; It would take a lawyer or several to sort it out, and the sorting out might require litigation.&nbsp; It could be argued that the LLC accepting a coin graded by the corporation for a regrade is tacit assumption that the LLC is extending the guarantee backward, but it might take a judge and jury to establish it legally.</p><p><br /></p><p>If SEGS lawyers set it up right, they can show the pertinent documents to Tennessee authorities and little is likely to happen by way of criminal or regulatory action unless some political advantage can be gained. Chances are the authorities will say it&#039;s a civil matter. The corporation or LLC may have been established in another state, like Delaware or Nevada, which complicates the legalities even more.</p><p><br /></p><p>However, SEGS can be faulted on ethical grounds for not stating on-line that coins graded by the corporation are not guaranteed by the LLC.&nbsp; If enough folks in the numismatic community know about it, SEGS&#039; business will suffer accordingly.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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