quote MikeM: "Your $10K is nothing."
Then I expect you can write us a check right away, and we will pay you back when its settled.
In fact, this is a real-life example on a smaller scale. The organizers of the event are actually going after the guy for sustantially more for "negligence" because he failed to check his equipment and wiring before connecting it. Their damages involve a cancelled event. I bet his defense is going to be that he cant check his equipment every time it is used. I doubt that one is going to fly.