[hNewsLover99]

DAO's claim of being "jurisdictionless" -- and thus not subject to any state or federal laws governing the rights and duties of business organizations, fiduciaries and beneficiaries or creditors and debtors -- then its equity owners (i.e., those who spent Ether in exchange for proportional ownership tokens) wouldn't enjoy the investor liability limitations and other protections provided by those laws.

As a result those equity owners could be on the hook for claims and judgments against the DAO for sums in excess of the value of the Ether they've paid in or the tokens they've received.