[Alumni-chat] AB response to webinar
Sistersara at aol.com
Sistersara at aol.com
Fri Aug 17 16:48:13 EDT 2007
In a message dated 8/17/2007 11:35:30 A.M. Central Daylight Time,
alumni-chat_forum at antiochians.org writes:
The faculty lawsuit does not ask for damages, it asks for injunctive relief
and saying that is why they are not going to release their financials implies
directly that evidence of mismanagement will reasonably be inferred by a
judge and jury. I know this is a standard reaction to a lawsuit but it just
proves they are reactining like a typical corporation rather than one inspired by
a mission.
Well, in order to get to a Jury Trial, (about the truth of facts and
inferences based on such facts,) there are many hoops to jump through, and one of
those will be standing. I doubt if Faculty and Staff have any standing at all
except for torts or damages to them collectively and individually as a
particular class of individuals impacted by the BoT decision. Can you find in Ohio
Case Law any example where an organization or business that has essentially
declared bankruptcy has been ordered by a court to continue operations for
the welfare of anyone? Can you find anything in the Ohio Codes of Legislative
Law that says this? -- no. Ohio Law as with other state's laws, understands
Boards of Directors or Trustees as having a profound fiduciary
responsibility to protect property assets of the corporations, for profit and non-profit,
for which they are responsible -- and these laws thus empower such Boards to
take actions to that end.
We have large arguments in American Political History about what is called
"American Exceptionalism" -- and how ideas stemming from such a belief
frequently impact how we think about US actions and policy vis a vis the rest of the
world. Perhaps there is an equally troublesome belief in something called
Antioch Exceptionalism, that leads to beliefs that somehow we have a mission
that is outside normal non-profit corporate law. Yes -- the college does
have a precious mission -- but among other things, it does not overturn the laws
of Ohio or the laws of gravity.
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