We distinguish "Law" from "Equity" through the quite extraordinary judge-made body of "Common Law" which covers, among other things, rights of use of Land and the whole concept of "trusteeship".

And yet it is a French law concept which I think is behind the extraordinary new legal possibilities I observe.

The French distinguish "contrats de mandat" ie contracts imposed by force of law (and both existing English forms of property rights - statutory and "equitable" are of this type, backed by sanction) from consensual "contrats de societe".

The UK LLP "Open Corporate" came about following the introduction of the Jersey LLP (grounded at least in part upon French law, I think) and I believe that the innovation I observe is based upon the fact that an "Open Corporate" like this is in fact a consensual "contrat de societe".

I wish I had enough grounding in jurisprudence and even philosophy to adequately explain.

Suffice to say that I believe that the "indefinite" property right - you share the usufruct for as long as you use the land, and the capital invested in it - inherent in the structures I am developing is in fact optimal and transcends the faultlines and conflicts in existing absolute forms.

The outcome is a "continuity" - or even timelessness - which has not previously been available.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky