Legal Question in Civil Litigation in New York
Spoosal property at risk in Class Action Suit?
I have been named as a defendant in a Class Action Suit. I am also getting married in several weeks. I am concerned that my future spouse's property (real estate) will be at risk if the plaintiffs are awarded damages after I get married. Is my future spouse's property at risk? What can I do to protect her property?
2 Answers from Attorneys
Re: Spoosal property at risk in Class Action Suit?
Simple. Keep it in her name only.
Re: Spoosal property at risk in Class Action Suit?
An integrated strategy is what you want to consider in defense of your lawsuit, something that provides you with an appropriate and aggressive defense coupled with a view to the future if things do not work out.
Typically, individuals get sued in a class action in their capacities as officers and/or directors of corporations. If so, you may have an indemnification from the corporate entity itself or, even better, a "D&O" (directors & officers insurance policy).
If the latter, counsel may be provided for you. In any event, you want to consider someone with class action defense experience.
-- Kenneth J. Ashman; www.AshmanLawOffices.com; [email protected]
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