For those of you in partnerships, how do you manage liability? In the past I had only one partner and they were well qualified, and well insured. Only one we put into a leaseback (major mistake) and that plane got wrecked. So now, I don't need a plane, can't justify a plane. I just want to do some $100 burgers. I could afford to own, but probably would not get enough use to justify it. I recently heard of a possibility. I don't think it works for me. But as a learning experience, I want to understand how liability works, and how you deal with it. That possibility seemed to me to be asking for trouble. So 5 pilots as owners, most fairly low time, less than 300 hrs, with a couple less that 200. Plane flew well under 200 hours last year and about the same previous year. So average pilot flew less than 40 hrs per yr. I guess that's enough to sort of stay proficient, but barely. I'm an A&P but would not be signing anything off on this. But say one of the partners had a mishap, the lawyers would say the last pilot flying the plane did something to the plane that ultimately caused the crash. Or the last three pilots didn't report or have fixed the widget that caused the mishap. Everyone gets sued. I have done a few professional witness gigs in my day, so maybe I'm paranoid. But still, how do you manage that risk as a partnership?