Family
Sep. 10, 2010
McCourt Divorce Shines A Light on Asset Protection
Asset protection has gained prominence during tough economic times. The McCourts used one such method to protect their assets from creditors of the Los Angeles Dodgers franchise, by Jacob Stein of Klueger & Stein.
Asset protection has significantly gained in prominence over the past few years. The declining fortunes of real estate developers and investors facing personal guarantee calls, coupled with business owners teetering on the verge of bankruptcy, resulted in a boom for this industry.
Asset protection deals with structuring asset and business ownership to make it either impossible, or at least very expensive and difficult, for a l...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In