@ivycover. It is also not just the money they are gambling. They are also gambling with further damage to the institution’s reputation.
Disclaimer:
Unlike MSM, be cautious and discerning. This is soooo far out of left field that it smacks of parody (ala Onionesque). If sincere, the actual socialists are attacking the poser social justice elites and the antagonists in this little melodrama are isolated alone in the narrowest sliver of Western thought/speak.
https://themilitant.com/2019/07/20/new-stage-in-bakerys-fight-against-oberlin-racism-smear/
This is madness. The only way to explain it is that Chris Canavan of the Board of Trustees knows something that he’s not told anyone else.
Canavan is head of the Board’s Audit Committee, and a political hack for one of George Soros’s political ventures (“Chris Canavan is Director, Global Policy Development, at Soros Fund Management, where he works on a variety of initiatives for the firm’s founder”).
Perhaps the intervention will come from Soros Fund Management? Somehow I doubt it: Soros is a better investor than that. This one seems like a losing bet.
Perhaps Gibson’s will up the ante a bit in this little game.
With a judgement in place they now have the absolute right to attempt to secure their claim in the attachment of the OC’s assets particularly in light of their prior claim of financial adversity.
Gibson’s can also appeal the dismissal of some of the original claims against the OC and as well the imposition of the tort caps and in doing each of these thereby raise the specter that not only could the awards be reduced on appeal but potentially raised as well.
Extend the game, extend the potential benefit (and risk). Play on.
Libel isn’t free speech and is and has almost always been universally actionable. Oberlin appears to be reticent only in that is was they that got caught in the defamation trap. As much as Oberlin tries to scapegoat their own students, it is their actions that stand alone and it is Oberlin that memorialized the accusations and in doing so propagated and extended their reach long after the last shrill chant had ceased echoing.
If Oberlin feels aggrieved it is of their own making. Oberlin is only contractually obligated to provide an educational opportunity for their students and not a reactionary political experience. Oberlin had the option of proving a history of documented racism and in doing so to exonerate their selves from this claim. Oberlin abandoned the defense of truth early on choosing instead to place their fortune in the inability of Gibson’s to prove the technical aspects of libel. Bad choice
I’m not familiar with Ohio law, but, in some states, an appeal acts as an automatic stay of enforcement.
Attempt is the key word.
Nothing of statutory nature requires a creditor to stand by idly while the capacity of a debtor is diminished - either intentionally or unintentionally.
Sounds like you are making a case (or, attempting to) for involuntary bankruptcy. Interesting.
Not a bankruptcy lawyer but I can’t imagine that a major college could be considered bankrupt. If required to pay the debt, their real estate assets alone must be sufficiently valuable for them to meet their obligations - even in NE Ohio.
The real risk is to Oberlin’s reputation among normal, non-SJW parents and future applicants as a top tier private college worth spending $250-300k on for an undergraduate degree. That proposition is now dubious.
Maybe OC will go after wealthy Chinese students who don’t care about reputation or quality?
Could maintenance expense be an issue moving forward?
http://www.chroniclet.com/Local-News/2019/07/23/Smoke-no-fire-at-Oberlin-College.html
The finances:
and
https://www.bondbuyer.com/news/oberlin-college-to-sell-refunding-bonds-to-lower-debt-structure-risk
“Within seven (7) days, Defendants shall post a bond in the amount of $36,367,711.56”
Better call Soros.
The following was issued by the Gibson attorneys in response to Oberlin’s FAQs:
https://www.lawlion.com/wp-content/uploads/2019/07/FAQs-re-Gibsons-Bakery-v.-Oberlin-College.pdf.
Since the current administration will have to be “sacrificed” for the collective “good” of the University, any ideas on replacements? They’ll obviously have to pass muster with Soros. Can we tap showbiz?
Thoughts? Nominations?
Probably need to have hands-on familiarity with law enforcement and impeccable social justice credentials. Also need to have some charisma and cred with Gen Z.
For OC President, how about the current State’s Attorney for Cook County IL?
And for Dean of Students, perhaps the close friend of Ms Foxx, that imaginative young entertainment talent who appears on the HBO “Empire” series?
A formidable team, and certainly pleasing to Soros.
Does George Soros have a connection to Oberlin College? Is he a trustee or something?
Chair of the board is Chris Canavan who works for Soros Fund Management. That doesn’t mean Soros is pushing for appeals or financially backing OC LOL. But given some of their head-scratching press releases, one has to wonder . . .
Reading through the FAQs published by the Gibsons’ attorneys linked in #53 – very good summary of their case and the specific evidence. Very well-done recitation of the facts.
One item that really stood out to me and which I hadn’t seen mentioned in other articles (or maybe it was but I missed) was when the Oberlin president (Krislov) emailed the Oberlin College Student Senate for advice on how the college should respond to the Student Senate Resolution against Gibson’s Bakery. Wow - that just blows my mind. Talk about a total abrogation of responsibility. It’s on PDF page 16.
^ Noticed that. Great example of letting the inmates run the asylum. Another one - beginning on page 11 - was the chief of staff guy admitting that students throwing food on the floor and stomping on it sounds like nursery school, and how you’d expect the people in charge of the nursery school to stop that sort of behavior. Something that never occurred to actual college officials. They come across as really frightened of the students.
The Gibson FAQ’s just run circles around OC’s published version of events. They are well organized, methodical, and connect a bunch of dots to arrive at the conclusion that administrators of the college acted with malice. You don’t have to be “town vs. gown” to see that. No wonder the jury verdict was unanimous. Libel ain’t easy to prove but this legal team kept it simple, straightforward and apparently had a good amount of evidence at their disposal.