Gibsons again demand payment of $36 million judgment
Posted By: Harlowe, 6/25/2022 12:05:03 PM
Attorneys for Gibson's Bakery and the Gibson family have once again filed documents with the Ohio Supreme Court opposing Oberlin College's request to halt payment of the more than $36 million the college owes the family and their business after losing a lawsuit.(Snip)It's too late for the college to ask the court to rescue it from paying the nearly $32 million in damages and attorney fees Miraldi awarded the Gibsons, plus another $4.5 million in interest and counting, their attorneys wrote. There is no reason for this court to now entertain Oberlin's motion when its own inaction has already directed the outcome in this matter," the Gibsons argued.
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Attorneys for Gibson's Bakery and the Gibson family have once again filed documents with the Ohio Supreme Court opposing Oberlin College's request to halt payment of the more than $36 million the college owes the family and their business after losing a lawsuit.(Snip)It's too late for the college to ask the court to rescue it from paying the nearly $32 million in damages and attorney fees Miraldi awarded the Gibsons, plus another $4.5 million in interest and counting, their attorneys wrote. There is no reason for this court to now entertain Oberlin's motion when its own inaction has already directed the outcome in this matter," the Gibsons argued.
Oberlin College has asked the Ohio Supreme Court to issue an order halting payment of the $36 million a court has awarded Gibson's Bakery while the college appeals rulings by two lower courts. (Snip) The college also accused the Gibsons of trying to prevent Zurich from filing a response.(Snip)"Even if neither the trial court's stay nor the terms of the bond contemplated that the stay would remain in effect pending the 'exhaustion of all of the Defendants' appeals,'" the Ohio Supreme Court "would have the authority to extend the stay and continue the term of the bond to encompass Oberlin's pending appeal," the college argued.
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Gibson’s Bakery filed today its response to Oberlin College’s request that the Ohio Supreme Court exercise its discretion to hear the college’s appeal from the $32 million judgment (which includes attorney’s fees and costs). That judgment resulted from the $11 million compensatory and $33 million punitive damage awards totalling $44 million, reduced by the trial court under Ohio tort reform law to $25 million. The bulk of that reduction was that over $10 million in punitive damages were eliminated by punitive damage caps.
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Attorneys for Gibson's Bakery in Oberlin have asked a Lorain County judge to order their clients be paid a $36 million-plus judgment they're owed by Oberlin College after the college failed to file an appropriate motion with a state appeals court.(Snip) As a result, the college should pay what a jury and court determined was owed the family bakery and its owners from a 2019 civil trial--plus interest, attorneys for the Gibsons argued.(Snip)"The bakery continues to labor under the effects of the stigma created" by Oberlin College and Raimondo, the Gibsons' attorneys wrote, "but without the relief awarded by the jury."
As posted recently, Oberlin College is seeking to have the Ohio Supreme Court hear an appeal from the massive $32 million judgment entered after jury trial in the Lorain County Court of Common Pleas as affirmed by the 9th District Court of Appeals. There has been an appeal bond place since trial issued by Zurich American Insurance Company securing the judgment plus future interest in the amount of $36 million, as a condition of a stay of judgment issued by the trial court.
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Comments:
May the peace of God be with the Gibson family.