4 ms·
Up until this point, I believe it's because the appealed. While the appeal is pending, you don't have to pay. After the last appeal was denied, however, I don'
by CitrusFruits 4y ago
Up until this point, I believe it's because the appealed. While the appeal is pending, you don't have to pay.
After the last appeal was denied, however, I don't know what the process is. My guess is the lawyers are getting creative.
- voisin 4y agoYou don’t have to pay, but interest accrues and every time you appeal and lose you end up paying a big portion of the winner’s legal costs, so you are just digging your own grave if you’ve got a loser case that you keep prolonging.
- Tangurena2 4y agoThere are more than a few corporations that follow "scorched earth" tactics when they're sued. Never underestimate the power and longevity of spite. Many litigants won't pay until after you are dead. No matter how much that costs - they can't let you "win".
- rjmunro 4y ago> While the appeal is pending, you don't have to pay. They need to change this so that at least all legal costs have to be paid while appeal is pending, then if the appeal succeeds, they have to pay it back.
- tptacek 4y agoOberlin has already been assessed legal costs post-penalty-phase.
- jsmith45 4y agoTechnically they have 14 days after the denial by the Ohio supreme court during which they could appeal to the US Supreme Court. so until that windows has closed, the initial court won't force the issue. Then the state may have some time period to allow the the losing party to pay. If they have still not done so, the winning party can petition for a writ of execution, which allows you to take the judgment which is basically a floating lein, and attach it to specific property of the debtor. The property can then be levied, garnished, or foreclosed upon, usually with the help of the exeutive. Attaching to real property is often fraught, because the forclosure process is complicated, and plenty of real property will have other liens on it, for example from a mortgage. This makes forclosing much more complicated. Levies against "personal property" (chattel) can be somewhat easier, with the sheriff seizing the property, selling it at public auction, and giving you the proceeds up the the judgment amount and interest, and giving the rest back to the debtor. But while cool sounding, this is often fairly impractical due to the fact that a lot of chattel property has little value (or at least will get little money at auction), and the property worth substantial money is more likely to be leased, or subject to a loan, or other similar complications. Attaching to and garnishing funds from a bank aaccount, or levying other intangible assets may be the easiest approach, especially for an organization like the college. For example attaching to the stocks/bonds etc that make up the colledge endowment would be able to recover this judgment without issue. (although attaching to intangible assets may be more complicated than physical assets, depending on state laws.) Realistically, the moment you start trying to do any of this, the other party (if solvent and able to pay) will often suddenly be more than happy to just give you the money. (It turns out to be much cheaper and easier for them that way).