385 - Grappling with the Implications of the 46 Million Dollar Lawsuit for Jiu-Jitsu, with Dan Lukeheart, Alex Kask and Stephan Kesting
The Strenuous Life Podcast with Stephan Kesting
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The Relationship Between Michael Phelps and Francisco Antonio E. Torade Lara
Michael Phelps is the owner of the business uh which was M. Phelps Incorporated doing business as Gell Marjajit Zinklop so if he's got the incorporation sent properly all the contracts are done really everything's clear that people are dealing with the company then you can sort of compartmentalize your risk by saying all the risk is with the company not anybody personally but I can see in this case that Phelps did get sued personally. If there's a forty six million dollar award against you the insurance will cover the first ten the other thirty six they're looking to you personally for it and that could be the ultimate end point. A judgment debtor is an unsecured
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