You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
-Great Cultural Revolution
Gibson’s Bakery Wins! Ohio Supreme Court Refuses To Hear Oberlin College Appeal
2022-08-31
[LegalInsurrection] Hopefully the long, hard road Gibson’s Bakery has traveled in its fight with Oberlin College has come to an end. The Gibsons now can collect approximately $36 million.

Hopefully the long, hard road Gibson’s Bakery has traveled in its fight with Oberlin College has come to an end.

The Ohio Supreme Court
...the political football known as The Highest Court in the Land, home of penumbrae and emanations...
 just refused to accept jurisdiction over Oberlin College’s appeal (the Court also refused to hear the Gibsons’ appeal seeking to reinstate the full punitive damages award). It was a 4-3 decision, and it means the Gibsons now can collect approximately $36 million.
Read the rest at the link
Related:
Gibson’s Bakery: 2022-08-29 Bill Maher Slams Libs Defending Censorship Of Hunter Laptop: "he was selling the influence of his father, Joe Biden"
Gibson’s Bakery: 2022-07-11 Woke Oberlin College is hit with FOUR MILLION DOLLARS in interest charges for dragging its heels in paying $36m defamation damages to family-run bakery over false racism claims
Gibson’s Bakery: 2022-05-28 Oops – Gibson's Bakery Seeks To Execute On $36 Million Appeal Bond Since Oberlin College Failed To Obtain Stay Of Appeals Court Mandate
Posted by:badanov

#9  #6 - trust Matt, who knows what he's talking about. I have a lotta shit to say on this, but no paper cred
Posted by: Frank G   2022-08-31 20:39  

#8  Oberlin has a huge endowment and a lot of other assets.

They will survive. There will be a long running fund raising appeal however. Wonder how stupid their alumni will be.
Posted by: Lord Garth   2022-08-31 18:14  

#7  Not to mention, the cost of similar bonds for other similar institutions goes up because algorithm.
Posted by: M. Murcek   2022-08-31 14:19  

#6  Speaking very generally, the surety on an appeal bond has to pay if the defendant doesn't. But then the surety can step into the shoes of the plaintiff and proceed against the defendant. Also, for a bond this size it's likely that the surety got a pile of collateral before signing the bond. It's sort of like mom co-signing your car loan if mom didn't like you very much. (boring, boring...)
Posted by: Matt   2022-08-31 13:41  

#5  I think it’s a bonding company that has to pay now, not the university. Not sure what happens if they don’t have the funds.
Posted by: Glenmore    2022-08-31 09:37  

#4  Putting a lien and filing an eviction order on Oberlins president’s residence would be a nice touch
Posted by: Sock Puppet of Doom    2022-08-31 07:21  

#3  Hopefully their lawyers have all the paperwork complete and just need to file asap for leans against income and property along with paperwork for foreclosure proceedings.
Posted by: Procopius2k   2022-08-31 05:57  

#2  Do the seizing on the 31's so they can't pay loans, salaries and rent on the 1st.
Posted by: 3dc   2022-08-31 01:57  

#1  They won't get any money until the bakers start seizing property.
Posted by: magpie   2022-08-31 00:17  

00:00