Years ago I was involved with the company that manufactured
cloth towel cabinets used in public restrooms. To our surprise kids were
hanging in themselves in the loop of the towel. We had several lawsuits and
we were able defend ourselves. It was very costly. The interesting thing
was many of these cabinets were over 30 to 40 years old and rebuilt by other
companies. We ended up taking steps of plastering warning labels and
specials shields on the cabinets. It seemed to work. But presently you do
not see this product on the market in this country any more.
I’m about to start building my legacy and I’m
very concerned about liability. Something no one mentioned but I am doing
is creating a company for the aircraft. I am going to build the aircraft
under the entity other than myself. Whenever it’s time to depart
with the aircraft the company will be sold with its assets. It happens to
be the only asset will be the aircraft. After putting my blood sweat and
tears into this project there is no way I can take a chainsaw to it. So
creating layers of protection is the only way to cover ones behind.
Russell