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Im assuming you’re getting at they’re still together but got rid of their assets to hedge against potential lawsuits? Dang that’s nuts if so. Condos in Florida
by dieselgate 4y ago
Im assuming you’re getting at they’re still together but got rid of their assets to hedge against potential lawsuits? Dang that’s nuts if so. Condos in Florida have been in the news for structural/mechanical issues is my reasoning - not sure about the medical part.
- JumpCrisscross 4y ago> they’re still together but got rid of their assets to hedge against potential lawsuits Yes. If the retired person is sued, the idea is they have no substantive assets.
- jpmoral 4y agoWouldn't courts see right through that and take a dim view of it?
- dmichulke 4y agoRelated: The great (good) judge shortage
- hotpotamus 4y agoSimpsons did it. > Canary M. Burns was the legal owner of Springfield Nuclear Power Plant. > Burns mention that the legal plant owner is Canary M. Burns because this protects Mr. Burns from responsibility for any wrongdoing by the power plant https://simpsons.fandom.com/wiki/Canary_M._Burns https://simpsons.fandom.com/wiki/Canary_M._Burns Of course they were just parodying a century or two of corporate fraud; it's not exactly a recent innovation.