X-Virus-Scanned: clean according to Sophos on Logan.com Return-Path: Sender: To: lml@lancaironline.net Date: Sun, 23 Nov 2008 09:55:11 -0500 Message-ID: X-Original-Return-Path: Received: from mail958c35.nsolutionszone.com ([209.235.152.148] verified) by logan.com (CommuniGate Pro SMTP 5.2.10) with ESMTPS id 3312562 for lml@lancaironline.net; Sat, 22 Nov 2008 14:47:32 -0500 Received-SPF: pass receiver=logan.com; client-ip=209.235.152.148; envelope-from=rsmiley2@centurytel.net X-Authenticated-User: rsmiley2.centurytel.net Received: from PC294771894831 (d15-159.rb.gh.centurytel.net [69.29.206.159]) (authenticated bits=0) by mail958c35.nsolutionszone.com (8.13.6.20060614/8.13.1) with ESMTP id mAMJkqX7001823 for ; Sat, 22 Nov 2008 19:46:54 GMT X-Original-Message-ID: <775D6A4F6BEB4B07B366C3967A5A3C80@PC294771894831> From: "Bob Smiley" X-Original-To: "Lancair Mailing List" References: Subject: Re: [LML] Re: Any liability lawsuits? X-Original-Date: Sat, 22 Nov 2008 11:46:48 -0800 MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_000F_01C94C98.009CB620" X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 6.00.2900.5512 X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.5579 This is a multi-part message in MIME format. ------=_NextPart_000_000F_01C94C98.009CB620 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable "so does that mean if you convey the plane to an LLC that you own that = that starts the clock? Yes, that starts the clock but you are still in control of the LLC and = just because the LLC owns the plane does not relieve you of any = liability. You still are the pilot that runs that plane into the ground, = building, etc. Of course if you are dead, what do you care about = liability. Your wife would have a concern. Bob Smiley ----- Original Message -----=20 From: Colyn Case at earthlink=20 To: lml@lancaironline.net=20 Sent: Friday, November 21, 2008 3:27 PM Subject: [LML] Re: Any liability lawsuits? That is first date you, as the manufacturer, sell, convey, transfer = the item to a new owner. so does that mean if you convey the plane to an LLC that you own that = that starts the clock? ------=_NextPart_000_000F_01C94C98.009CB620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
"so does that mean if you convey the plane to an LLC that you own = that that=20 starts the clock?
Yes, that starts the clock but you are = still in=20 control of the LLC and just because the LLC owns the plane does not = relieve you=20 of any liability. You still are the pilot that runs that plane into the = ground,=20 building, etc.  Of course if you are dead, what do you care about=20 liability.  Your wife would have a concern.
 
Bob Smiley
----- Original Message -----
From:=20 Colyn=20 Case at earthlink
Sent: Friday, November 21, 2008 = 3:27=20 PM
Subject: [LML] Re: Any = liability=20 lawsuits?

 
That is first date you, as the = manufacturer,=20 sell, convey, transfer the item to a new owner.
 
so does that mean if you convey the plane to an LLC that you own = that=20 that starts the clock?
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