In California, as in other states like Florida, doctors do not have to have med mal insurance. Or they can be underinsured for their speciality - in this doc's case - $1m and yet he's doing high risk surgery. It's a great way to "force" a plaintiff to settle for much, much less because most likely the doc has sheltered his assets.
So if the doc does have a large judgment against them, the plaintiff is left trying to find their assets and the doc can also turn around and file bankruptcy. I plan to pull this doc's income and expense declaration from his divorce last year to see what assets he has. I'm curious if I can attach some of those and have greater standing in bankruptcy court if he were to file. I'm also curious as to what "exempt assets are". Can you really "shelter" your assets from bankruptcy - say putting them into some LLC? Any comments?

