PPRuNe Forums - View Single Post - Here's to you, Mr Robinson
View Single Post
Old 15th May 2004, 18:24
  #8 (permalink)  
Dave_Jackson
 
Join Date: Apr 2003
Location: Vancouver, BC, Canada
Posts: 1,635
Likes: 0
Received 0 Likes on 0 Posts
Question

So yes, Frank personally trousers every dime, and good luck to him.
But does he personally trouser ever dime? If Frank Robinson owns 100% of Robinson Helicopter Company and neither has any assets, nor realizes any profits, this would not be exactly true.

The profits might be realized by associated companies, such as those that might provide the insurance, lease the production equipment, and rent the buildings etc. This might serve as a form of protection against the loss of reputation and money. Who would sue a company or person that has no assets?

Just a hypothetical question.

Last edited by Dave_Jackson; 15th May 2004 at 19:47.
Dave_Jackson is offline