| Every combatant in a war loses something. A war averted, is
a war won. The active lives of affluent business owners and / or
professionals are filled with opportunities for disputes, errors, accidents,
and plans gone awry at some time. Any one of these may bring about a claim
resulting in a legal judgment with serious financial ramifications.
 If
fact it is possible to have most of one’s wealth involuntarily redistributed
to others in a major damage award. While we cannot restrict our activities
to avoid all risk and yet lead normal business lives, we can employ
strategies to become unattractive to claimants.
Most litigation is driven by a financial gain incentive. Many contingency
fee compensated attorneys will assess the merits of a potential case second
to the financial gain opportunity of prevailing in plaintiff representation.
Legal entities combined with favorable jurisdictions both onshore and
offshore create barriers and disincentives to litigation. An ounce of
prevention…
Please contact one of our financial consultants to discuss your interests, or
email us. |
While sitting at a traffic light
waiting for the green light, you are slammed from the rear by a
drunk driver who never saw you and didn't even attempt to stop.
Clearly, you are an innocent victim with no fault in the accident.
Most
companies used business assets to pay the damages. However,
in the case of employee complaints, insurance covered some
of the damages. Owners mentioned that the payment of
damages nearly put them out of business, which affected them
for a long period of time as they worked to rebuild the
business and recoup their losses.
