Liability / Negligence
Discussing with my "cronies" this Flight Options accident, we were debating the possibility that the owners of this particular airframe could sue the pilots for negligence. Think about it...they want to recover the value of the airframe, and the pax will probably want to sue for mental anguish, pain and suffering, etc.
Not to mention what the company probably wants to do to those poor guys who made this error.
What kind of insurance is available to fractional pilots to cover them in the event that all of the 1/16th owners, (or whatever fraction is sold on that airframe) want to go after the pilots to be made whole?