2 ms·
The defense to this is multiple LLCs and licensing schemes. Just like the troll, don't hold any assets in the vulnerable LLC. If Walmart sells a bootleg shirt t
by hattmall 2y ago
The defense to this is multiple LLCs and licensing schemes. Just like the troll, don't hold any assets in the vulnerable LLC. If Walmart sells a bootleg shirt the IP holder can't sue the company that cleans the parking lot.
- worik 2y agoThat is a lot of effort, and expensive Probably ineffective too, as some part of your firm must hold the assets, and that's the part that gets sued
- hattmall 2y agoNot really. It's worth it and very effective for business with significant liability risks. The corporate structure of a basic gym will have like 6 entities if it's done properly.