Posted on 06/02/2022 7:46:07 PM PDT by Steely Tom
Note that the chamber of commerce is backing the college
Because most Chambers are as Communist as the worst traitors amongst us.
I would love to see Oberlin bankrupt and it’s faculty and and administrative staff mowing lawns and flipping burgers for a living (although I wouldn’t want to eat anything they’d touched). It’s just that so far they’ve been able to get away with it. And liberal judges in cahoots with the college could let them get away with it.
As far as assets go I’m sure they have some endowment money that could be seized
“ As far as assets go I’m sure they have some endowment money that could be seized.”
In May 2021 Oberlin announced the assets in its endowment exceed $1 billion. Oberlin has the money. Will the courts enforce the judgement?
In this case "WRIT OF EXCERCUTION." that would mean, the insurance carrier would be forced to sign / endorse the bond (check) that is in the file / courts purse, courts procession, if you will.
I.e., they would receive payment after the Writ were issued, maybe 5 min. or less.
Make no mistake, the next court date, someone should be walking out of the courthouse with a very big check / bond. Hearing should last no more than five minutes at best, after Oberlin College makes its last ditch effort, of crying and whining, a.k.a., bitching and moaning why they shouldn't have to pay for their mis-deeds.
“I seem to remember reading that someone at Oberlin said they had no intention of paying and were never going to pay.”
From Oberlin’s website re Oberlin’s endowment:
“Total endowed funds as of June 30, 2020 were $937.0 million, as compared to $925.0 million the previous year, an increase of $12.0 million. In comparison, total endowed funds increased by $37.6 million in the fiscal year ended June 30, 2019, from $887.4 million at June 30, 2018.”
IF that doesn’t work, I think a write of attachment attaching tuition payments from students and student loan direct payments from the federal government will do the trick. Also, calleges get tons of money from grants. It would be pretty easy to find out the grantors and then attach the stream of money coming in on the grants.
And it that doesn’t work, wouldn’t it be nice to sell the administration building for pennies on the dollar? And then the music building and then . . .
And what about those athletic trophies from 1910. They must have some value.
This is a target rich environment for attorneys who have done post-judgment collections.
Of course with an appeals bond, none of that matters. Oberlin’s insurance company will pay and Oberlin will pay the insurance company.
Oberlin has one mother of an asset...
https://www.oberlin.edu/investment/assets
“Total endowed funds as of June 30, 2020 were $937.0 million, as compared to $925.0 million the previous year, an increase of $12.0 million. In comparison, total endowed funds increased by $37.6 million in the fiscal year ended June 30, 2019, from $887.4 million at June 30, 2018.”
I think you are spot on. I cannot believe the Chamber’s position on open borders. Twenty to thirty million new voters who don’t care much for property rights and small business ownership.
Who wrote this article, Oberlin’s PR team?
What a bunch of scoundrels.
Michelle Malkin might be able to assemble some counterprotesters. She is also friendly with Glenn Beck, who can publicize any gathering.
Oberlin Alumna Michelle Malkin To Oberlin College Following Lawsuit Loss: “You Had It Coming”
That sounds awesome, actually. Especially gluing themselves to roads and sidewalks. The more they dehumanize their behavior, the weirder they look.
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