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We are a CA based s-corp and in the business of selling auto parts online. The items are imported and therefore, according to our insurance company, we are the "manufacturer." Through the course of business, we've encountered quite a lot of bizarre issues including customer buying/installing parts for incorrect vehicle causing damage.
Often times I see cases where the officers of corporations are named as defendants indicating that the personal as well as business assets are at risk. Is there a way to reposition the asset (cash & current asset such as inventory) so that it is out of reach of potentially frivolous litigation?