The Right Way to Send SJWs Up In Flames

[Hastur]

Epic thread:

https://twitter.com/LegInsurrection/sta ... 0706130944

[Fife]

This is what I am talking about, in an amount like that they have no reason to not drag this out. The only people that are going to get paid is the lawyers.

Negative.

Although the lawyers are all going to be paid *very* handsomely, both sides, straight out of Oberlin's endowment.

It's all going to be collected, with interest. This is a dream civil suit.

:goteam: :drunk:

I'll believe it when I see it. It's going to be a decade before we see anything.

Oberlin College denied new trial in Gibson’s Bakery case

Things have just wrapped up in the trial court. Oberlin's appeal is now set to go forward, with a bond in place in the trial court for the amount of the judgment plus reasonable interest. Oberlin has already put up $36Million as security for their appeal so that the plaintiffs don't come start selling their shit on the courthouse steps.

Oberlin College posts $36 million bond to secure Gibson’s Bakery judgment
$36,367,711.56 to be precise.

Oberlin College attempted to get a stay of execution on the judgment, to prevent Gibson’s from seizing assets, without posting a bond, but the court rejected that. Instead, the court granted a stay of execution of the judgment conditioned on Oberlin College posting a bond in an amount just over $36 million, to secure the judgment plus three years of interest covering the anticipated time period of an appeal.

[clubgop]

Negative.

Although the lawyers are all going to be paid *very* handsomely, both sides, straight out of Oberlin's endowment.

It's all going to be collected, with interest. This is a dream civil suit.

:goteam: :drunk:

I'll believe it when I see it. It's going to be a decade before we see anything.

Oberlin College denied new trial in Gibson’s Bakery case

Things have just wrapped up in the trial court. Oberlin's appeal is now set to go forward, with a bond in place in the trial court for the amount of the judgment plus reasonable interest. Oberlin has already put up $36Million as security for their appeal so that the plaintiffs don't come start selling their shit on the courthouse steps.

Oberlin College posts $36 million bond to secure Gibson’s Bakery judgment
$36,367,711.56 to be precise.

Oberlin College attempted to get a stay of execution on the judgment, to prevent Gibson’s from seizing assets, without posting a bond, but the court rejected that. Instead, the court granted a stay of execution of the judgment conditioned on Oberlin College posting a bond in an amount just over $36 million, to secure the judgment plus three years of interest covering the anticipated time period of an appeal.

Cool, thanks for the follow up. It'll be decades before Oberlin can put this behind them.

[Fife]

The compensatory and punitive damages of $25 million (after reduction for tort reform caps), plus the over $6.5 million in attorney’s fees and costs, put Oberlin College almost $32 million in debt to Gibson’s Bakery and its owners.

https://legalinsurrection.com/2019/07/o ... -judgment/

$31.5MM judgment plus expected interest to accrue on appeal got it up to $36MM+.

Oberlin argued against the necessity of posting a bond--"yo we're good for it." Plantiffs argued "if this appeal process goes the full route we have doubts this college will still be able to cut a check for any amount in three years." Judge: "We're gonna need a cash bond pending appeal or you guys are gonna need to go ahead and start turning over assets."

All pretty routine practice at the beginning of defendant's appeal in a civil case, actually. $36 mill (as a cash surety bond) sitting in the hands of the clerk makes the whole process a lot more enjoyable for the plaintiffs' legal team. :goteam: :drunk:

[clubgop]

The compensatory and punitive damages of $25 million (after reduction for tort reform caps), plus the over $6.5 million in attorney’s fees and costs, put Oberlin College almost $32 million in debt to Gibson’s Bakery and its owners.

https://legalinsurrection.com/2019/07/o ... -judgment/

$31.5MM judgment plus expected interest to accrue on appeal got it up to $36MM+.

Oberlin argued against the necessity of posting a bond--"yo we're good for it." Plantiffs argued "if this appeal process goes the full route we have doubts this college will still be able to cut a check for any amount in three years." Judge: "We're gonna need a cash bond pending appeal or you guys are gonna need to go ahead and start turning over assets."

All pretty routine practice at the beginning of defendant's appeal in a civil case, actually. $36 mill (as a cash surety bond) sitting in the hands of the clerk makes the whole process a lot more enjoyable for the plaintiffs' legal team. :goteam: :drunk:

So did this insurance company pretty much buy the college for the next few decades?

[C-Mag]

The compensatory and punitive damages of $25 million (after reduction for tort reform caps), plus the over $6.5 million in attorney’s fees and costs, put Oberlin College almost $32 million in debt to Gibson’s Bakery and its owners.

https://legalinsurrection.com/2019/07/o ... -judgment/

$31.5MM judgment plus expected interest to accrue on appeal got it up to $36MM+.

Oberlin argued against the necessity of posting a bond--"yo we're good for it." Plantiffs argued "if this appeal process goes the full route we have doubts this college will still be able to cut a check for any amount in three years." Judge: "We're gonna need a cash bond pending appeal or you guys are gonna need to go ahead and start turning over assets."

All pretty routine practice at the beginning of defendant's appeal in a civil case, actually. $36 mill (as a cash surety bond) sitting in the hands of the clerk makes the whole process a lot more enjoyable for the plaintiffs' legal team. :goteam: :drunk:

I Love this shit

[Fife]

The compensatory and punitive damages of $25 million (after reduction for tort reform caps), plus the over $6.5 million in attorney’s fees and costs, put Oberlin College almost $32 million in debt to Gibson’s Bakery and its owners.

https://legalinsurrection.com/2019/07/o ... -judgment/

$31.5MM judgment plus expected interest to accrue on appeal got it up to $36MM+.

Oberlin argued against the necessity of posting a bond--"yo we're good for it." Plantiffs argued "if this appeal process goes the full route we have doubts this college will still be able to cut a check for any amount in three years." Judge: "We're gonna need a cash bond pending appeal or you guys are gonna need to go ahead and start turning over assets."

All pretty routine practice at the beginning of defendant's appeal in a civil case, actually. $36 mill (as a cash surety bond) sitting in the hands of the clerk makes the whole process a lot more enjoyable for the plaintiffs' legal team. :goteam: :drunk:

So did this insurance company pretty much buy the college for the next few decades?

They surely required cash+assets of 110% or more of the bond amount. The are also certainly a key player in the planned bankruptcy.

[clubgop]

https://legalinsurrection.com/2019/07/o ... -judgment/

$31.5MM judgment plus expected interest to accrue on appeal got it up to $36MM+.

Oberlin argued against the necessity of posting a bond--"yo we're good for it." Plantiffs argued "if this appeal process goes the full route we have doubts this college will still be able to cut a check for any amount in three years." Judge: "We're gonna need a cash bond pending appeal or you guys are gonna need to go ahead and start turning over assets."

All pretty routine practice at the beginning of defendant's appeal in a civil case, actually. $36 mill (as a cash surety bond) sitting in the hands of the clerk makes the whole process a lot more enjoyable for the plaintiffs' legal team. :goteam: :drunk:

So did this insurance company pretty much buy the college for the next few decades?

They surely required cash+assets of 110% or more of the bond amount. The are also certainly a key player in the planned bankruptcy.

Looked around on this, some were saying they would have to make payments on this bond of like 1 or 2% every year. So 363k Or 740k. I can't imagine people sending their kids there anymore.

[Ph64]

So did this insurance company pretty much buy the college for the next few decades?

They surely required cash+assets of 110% or more of the bond amount. The are also certainly a key player in the planned bankruptcy.

Looked around on this, some were saying they would have to make payments on this bond of like 1 or 2% every year. So 363k Or 740k. I can't imagine people sending their kids there anymore.

I dunno, somehow Evergreen State College is still enrolling students (albeit far less than 2 years ago) even though it should be obvious a degree from there is probably useless and your CV is going in the trash bin at any prospective employers.

[clubgop]

They surely required cash+assets of 110% or more of the bond amount. The are also certainly a key player in the planned bankruptcy.

Looked around on this, some were saying they would have to make payments on this bond of like 1 or 2% every year. So 363k Or 740k. I can't imagine people sending their kids there anymore.

I dunno, somehow Evergreen State College is still enrolling students (albeit far less than 2 years ago) even though it should be obvious a degree from there is probably useless and your CV is going in the trash bin at any prospective employers.

Yeah, but that is a state school the tuition was reasonable and I think it might have even gone down. From what I know Oberlin is a fancy ass private liberal arts school. They charge some insane amount of money. They cant afford a loss of value like that. The state school is subsidized, this shit is gonna get taken right on the chin. Harvard, Yale this shit never would have happened. Those store owners would have been dragged into some ritualistic ceremony were the students would have been killed and the owners would have been blackmailed and they would agree to heavily discounted catering contracts with the school for other rituals.