Pantera judgement
#11
Registered
Joined: Sep 2006
Posts: 1,391
Likes: 0
From: CapeComa,FL
If they moved / dispersed/ redistributed assets during the period of time following the INITIAL filing of the suit, the courts can reattach despite any contractual liability predisposed of via the sale/trade contract.
Once you have pending litigation, your assets (in Fl) are basically frozen. If you achieve higher worth, it can not be added.....unless.....and I will get to that in a moment.....
Your net worth (as LLC, Inc) is liable for seizure if judgement is awarded.
Back to above.....
If......IF......plaintiff can prove gross negligence AND/OR INTENT to defraud, the corp. shield will no longer protect the defendant from having personal assets attached/seized/garnished.
Bad news is that it is expensive to get there.....trust me.
For those familiar with my case, I am at the crossroads of accepting a settlement offer from the insurance co that represents tbus port Charlotte, or pressing the case to a jury trial and adding in gross negligence....punitive damages....attaching the owners personal net worth.
Once you have pending litigation, your assets (in Fl) are basically frozen. If you achieve higher worth, it can not be added.....unless.....and I will get to that in a moment.....
Your net worth (as LLC, Inc) is liable for seizure if judgement is awarded.
Back to above.....
If......IF......plaintiff can prove gross negligence AND/OR INTENT to defraud, the corp. shield will no longer protect the defendant from having personal assets attached/seized/garnished.
Bad news is that it is expensive to get there.....trust me.
For those familiar with my case, I am at the crossroads of accepting a settlement offer from the insurance co that represents tbus port Charlotte, or pressing the case to a jury trial and adding in gross negligence....punitive damages....attaching the owners personal net worth.
#12
Gold Member

Joined: Jul 2007
Posts: 2,917
Likes: 9
Not sure how many judgments this makes, but "several" comes to mind. It would amaze me if OSO deleted the threads not only spelling out the various cases, but the ones where Pantera replied to. Those were priceless, and very informative. I'm sure many have them saved in PDF form. Like most, I'm in disbelief that this kind of outfit is able to just switch names and keep doing the same thing over and over.
#13
Not sure how many judgments this makes, but "several" comes to mind. It would amaze me if OSO deleted the threads not only spelling out the various cases, but the ones where Pantera replied to. Those were priceless, and very informative. I'm sure many have them saved in PDF form. Like most, I'm in disbelief that this kind of outfit is able to just switch names and keep doing the same thing over and over.
#14
Gold Member

Joined: Jul 2007
Posts: 2,917
Likes: 9
The argument about producing great boats is not only shallow, but embarrassing. The sad part is, they did produce great boats.
In the end, the silence of their cheerleaders is deafening, and so were their lack of orders. Nobody's that stupid anymore right?
#16
Banned
Joined: Jan 2002
Posts: 3,259
Likes: 1
From: Bell Canyon, CA
#17
Thread Starter
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Joined: Feb 2002
Posts: 5,008
Likes: 752
From: Traverse City, Michigan
#18
#19
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Joined: Oct 2005
Posts: 5,825
Likes: 612
From: Clarkston, Michigan
OK, so why is this forum helping Pantera to screw people? We should all post on Pantera's fb page. I did under the 41' thread. My name is Carl C. That poofed thread had a ton of good info to help protect anyone looking to do business with these crooks.


