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ACRO E-mail Archive Thread: [Acro] Delaware Corporations

Thread: [Acro] Delaware Corporations

Message: [Acro] Delaware Corporations

Follow-Up To: ACRO Email list (for List Members only)

From: Aeropilot3 at aol.com

Date: Sun, 17 Nov 2002 17:30:19 UTC

Message:

I would appreciate the views of some aerobatic flying lawyers on the exploder 
concerning the use of a Delaware corporation to shield an individual from 
liability.  

1.  Does the corporate structure really afford any protection from liability 
if the only 'activity' of the corporation is owning the aerobatic airplane 
for the owner's recreational use?  

2.  If there is no real protection from liability, what are the remaining 
advantages of creating a corporation to own the airplane?

Thanks

Mark Dunkerley

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