Originally Posted by
Pace
FL
One question I would like to know is my own situation regarding my Ltd flying company and charging for commercial flying through that as a freelance pilot?
How secure is that and as one poster mentioned running an aircraft through a Ltd company for private use?
Pace
Obviously not a proper answer (not being a lawyer), but AIUI, the Ltd Company for your flying is not going to be much protection assuming only you are involved in it - as if there is negligence it almost by definition was you own - hence both the company and yourself could be sued.
The aircraft one is the same if you are the owner and operator. However, if the owner(s) and the operator/pilot are different, then both groups are liable for the totality of any claims for damage on the ground (I don't remember about injury to passengers). So in the case of two people sharing - holding the aircraft in a ltd company should insulate the non-flying owner from the liability of the flying owner.