Continuing story the lib-media is hiding from you!-----Oberlin College to Jury: We're cash poor and big punitive award to Gibson's Bakery will hurt students

Oberlin College to Jury: We're cash poor and big punitive award to Gibson's Bakery will hurt students:

• Oberlin College basically begged for mercy at punitive damages hearing today. (UPDATED with additional details of today’s hearing)

"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. 
The jury could award up to double damages, meaning $22.4 million on top of the $11.2 million, bringing the potential total to $33.6 million, plus a recommendation that the judge award attorney’s fees.

I will have a complete update later, but here is the essence of Oberlin College’s defense today:

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.

...The defense then argued that notwithstanding the Form 990, the college had cash flow and liquidity issues that would make a large punitive award difficult for the college. 

The defense compared the relatively poor financial condition of Oberlin College to other colleges and universities in Ohio. 

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.

Closing argument will start at 10 a.m. tomorrow, followed by jury instruction, and then the jury gets the case.

MORE TO FOLLOW LATER

(added 8:50 P.M.)

NOW FOR THE REST OF THE STORY..."

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