Oberlin College to Jury: We’re cash poor
and big punitive award to Gibson’s Bakery
will hurt students
Legal Insurrection,
by
Daniel McGraw
Original Article
Posted By: Harlowe,
6/12/2019 10:08:06 PM
The witness testimony completed today in the punitive damages hearing, which follows the $11.2 million compensatory verdict last Friday in the lawsuit Gibson’s Bakery v. Oberlin College. (Snip) Gibson’s lawyers spent considerable time going over Oberlin College’s IRS Form 990, showing over $1 billion in assets and numerous employees earning over $100,000. They also got the Vice President and General Counsel of the college to admit to some of the content of the blast email she sent out soon after the compensatory verdict, including that she felt the jury disregarded the “clear evidence,” though they were not
Reply 1 - Posted by:
Dodge Boy 6/12/2019 10:11:09 PM (No. 97099)
Oberlin, better start coming up with the money!
18 people like this.
Reply 2 - Posted by:
kennedylaw 6/12/2019 10:12:38 PM (No. 97100)
Bummer. Sucks to be them.
23 people like this.
Reply 3 - Posted by:
AGGW 6/12/2019 10:18:42 PM (No. 97101)
Awwwww. Where is my violin?
20 people like this.
Reply 4 - Posted by:
mc squared 6/12/2019 10:21:02 PM (No. 97102)
How many of the children who will be hurt participated in the picketing and denigration of the Gibsons, 'eh? Maybe they can come up with a few mil.
31 people like this.
Reply 5 - Posted by:
DeplorableVet 6/12/2019 10:28:52 PM (No. 97104)
#4 - Participated is the wrong word. I believe you mean instigated.
19 people like this.
Reply 6 - Posted by:
Rama41 6/12/2019 10:42:05 PM (No. 97109)
That was certainly an expensive bottle of wine the Oberlin student tried to steal.
27 people like this.
Reply 7 - Posted by:
AisA 6/12/2019 10:46:26 PM (No. 97111)
Gibson College has a nice ring to it. OWN THEM!
22 people like this.
Reply 8 - Posted by:
The Remnants 6/12/2019 10:54:14 PM (No. 97113)
I've read Oberlin College has a ginormous endowment fund.
Children or young adults or anyone learn how to lie in many different ways.
Exactly, what does "cash poor" mean?
"Tis always about "the children". (another lie)
17 people like this.
Reply 9 - Posted by:
GoodDeal 6/12/2019 11:00:03 PM (No. 97116)
I guess they didn’t worry about their actions hurting the bakery considering the boycott the flyers and protestors as well as stopping doing business with them. Think they were cash poor because of their actions? They intentionally tried to inflict financial damage. Looks like the jury will be doing the same. What goes around comes around.
30 people like this.
Reply 10 - Posted by:
MeiDei 6/12/2019 11:16:18 PM (No. 97121)
If they have a planning division it's in need of a total overhaul ... what the heck did they think would happen? There's 'best case' and 'worst case' did they forget about the latter and - being prepared? Oberlin's faculty and administrators aren't showing high levels of competency.
10 people like this.
Reply 11 - Posted by:
Lawsy0 6/12/2019 11:25:45 PM (No. 97124)
Students (i.e., student activists) started the hubbub. The 3 miscreants apologized for their shoplifting, and made restitution. The SJW contingent then proceeded to sue the pants off the bakery, then complain about pantless bakers. Go pound sand. I see no reason why Oberlin admin shouldn't close the doors and get some real jobs.
24 people like this.
Reply 12 - Posted by:
Harlowe 6/12/2019 11:27:40 PM (No. 97125)
#8- Mea culpa. Intended to include the financial picture of Oberlin College and neglected to do so. Here are bits and pieces from the news article.
- The college has more than $1 billion in funds and net assets according to the latest IRS 990 form, an endowment fund that had grown from $440 million to $887 million in the last 20 years, and because of its non-profit status, pays no taxes on any property it owns.
- It also had 18 members of their administration making more than $100,000 a year. The president and chief financial officer of the school were both making more than $500,000 a year.
- The enrollment has gone down from 2961 in 2104 to 2785 this year. That’s a decline of 176 students, or a 6% drop in enrollment. That might be a loss of $12.3 million in tuition and dorm housing revenue, but then you have to figure that’s less scholarship and grants coming out of endowment.
14 people like this.
Reply 13 - Posted by:
Grounded 6/12/2019 11:30:42 PM (No. 97127)
Poor poor pitiful me-Linda Ronstadt
6 people like this.
Reply 14 - Posted by:
qr4j 6/12/2019 11:41:37 PM (No. 97129)
Raise tuition. Oberlin kids come from rich families. Or they can borrow the cash.
I have NO SYMPATHY for Oberlin. Close it down.
19 people like this.
Reply 15 - Posted by:
buckeye1 6/12/2019 11:49:04 PM (No. 97131)
Let them eat cake
13 people like this.
Reply 16 - Posted by:
anniebc 6/12/2019 11:55:21 PM (No. 97132)
Uh huh, pay up, and shut up!
9 people like this.
Reply 17 - Posted by:
scottj 6/12/2019 11:56:36 PM (No. 97133)
I hope that jury nails these A-Holes to the max. Make liberals pay the price for their rotten behavior.
20 people like this.
Reply 18 - Posted by:
ginadee 6/13/2019 12:12:23 AM (No. 97134)
Oberlin students and faculty can have bake sales and car washes. That should bring in a few hundred dollars. So was Oberlin concerned about damages to Gibson's Bakery?
I don't think so.
Oberlin, pay up!!
14 people like this.
Reply 19 - Posted by:
chumley 6/13/2019 12:21:54 AM (No. 97136)
Those communist college freaks have been bullying people, destroying property, getting people fired, forcing changes in corporate policy and generally making life Hell for normal people for years now, all without consequence. Its time the pendulum swung back toward freedom.
I hope the bakery owns the college and turns it into a toxic waste dump.
16 people like this.
Reply 20 - Posted by:
Zarin 6/13/2019 12:30:42 AM (No. 97142)
Did this article say that only 10% of Oberlin's students pay full tuition? I'm not sure if I read that right. So that means most of the students have some sort of grant or scholarship!! One would think they would be more grateful. This is amazing - a student (a student with at least partial a scholarship) shows a fake ID & then shop lifts wine & then helps his friends attack the old man who attempts to hold him for the cops. A dean of the college asks the business to drop charges and if they do that she will re-instate their food contract with the school. Same dean (before or after) pretty much sics the student mob onto this established town business. If she didn't instigate the protest she surely encouraged it once it got started. In a sane world the student(s) would be expelled for use of a fake ID, assault & underage drinking. The dean would have gotten fired for supporting a mob and for trying to extort the Gibson's with promise of a contract. Any student who protested would be on probation including the ones who were ready to throw away any bread Gibson's sold to the college cafeteria. This is the same school which a few years back kicked out several male students for "not complying" with the college's "continual consent policy" while having sex!
12 people like this.
Reply 21 - Posted by:
jalo1951 6/13/2019 12:54:23 AM (No. 97154)
Sorry Oberlin. That's not how this works, that's not how any of this works.
14 people like this.
Reply 22 - Posted by:
Pepper Tree 6/13/2019 12:57:44 AM (No. 97157)
What a stupid defense. They’re just begging for the pay records of
Oberlin College Administrators and faculty to be dragged out, not to mention expenditures like travel, furnishings, catering services, etc.
9 people like this.
Reply 23 - Posted by:
zzzghy 6/13/2019 1:23:12 AM (No. 97162)
Oh no; not the chirdrin!
This is awesome.
6 people like this.
Reply 24 - Posted by:
PChristopher 6/13/2019 1:34:04 AM (No. 97164)
The defense argued that students would be harmed by a large verdict because the college might have to cut back on grants given to students.
And did anyone point out that it was the STUDENTS that STARTED this mess to begin with?! Maybe they'll think about that the next time they reach for their revolutionary berets to attack innocent people!
9 people like this.
Reply 25 - Posted by:
smcchk 6/13/2019 1:35:00 AM (No. 97165)
It’s called real life and real consequences, Oberlin. Time for the academics to grow up too, fast.
10 people like this.
Should have thought about that before. You are never too big to fail. Pay them.
7 people like this.
Reply 27 - Posted by:
emmajustin 6/13/2019 2:10:24 AM (No. 97172)
Man I wish I was on that puni jury. 2019 redux: hell hath no fury like a conservative lied about and bullied.
3 people like this.
Reply 28 - Posted by:
watashiyo 6/13/2019 2:37:24 AM (No. 97176)
Capitalism at its best.
3 people like this.
Reply 29 - Posted by:
Jubal 6/13/2019 2:39:06 AM (No. 97177)
Sock it to 'em.
3 people like this.
Reply 30 - Posted by:
leonardo 6/13/2019 2:39:41 AM (No. 97178)
BURY the SOBs right next to the SOBs who tried to destroy the Cavanaugh Kids. KARMA.
4 people like this.
Reply 31 - Posted by:
Trigger2 6/13/2019 3:13:45 AM (No. 97182)
$887M in endowment funds, yet they're broke? The line about 'several' employees making over $100,000 is laughable. Try over $500,000. Cut their paychecks. I hope the jury doesn't fall for their lying and whining.
5 people like this.
Reply 32 - Posted by:
Bur Oak 6/13/2019 8:21:53 AM (No. 97309)
Oberlin faculty, administration, and students are getting the education they should have gotten when they were children. Better late than never.
1 person likes this.
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As usual, it’s for the children, the students. Mr. McGraw’s levity in describing the college’s finances being in dire straits for about four hours presents a measure of stark reality: “...it felt like a divorce court proceeding where one of the spouses was claiming they had no assets to divide. Even though they had a Rolls Royce car in the garage and a nice yacht at the marina.” This news account quite revealing and continues to reflect the expertise of the Gibson’s attorney, Lee Plakas.