[Alumni-chat] A Statement from the ACCC in Response to Today's Univ. Announcement

[Art Dole]

The statements below are encouraging.  Art Dole '46



On 2/23/08 6:09 AM, "barbara esbin" <besbi at mac.com> wrote:

> It is good to hear directly from the ACCC on the status of negotiations.  I
> paste in a link below to just one of many press articles following the
> announcement that suggests the Antioch University Board of Trustees is doing
> more than simply re-affirming the June 2007 suspension decision.  There
> appears to be coordinated press campaign to again shift blame for the dire
> financial condition of the College away from the AU BoT and AU Central
> Administration and onto the College itself, once again suggesting that
> Antioch College had somehow failed of its own accord.  Responsibility for
> the state of Antioch College rests firmly with the AU BoT and the
> Administration that reports to it.  They owe a fiduciary "duty of care" to
> all the constituent parts of AU, the most important of which remains the
> College.  I believe that all available evidence suggests that the current
> condition of the College indicates a significant breach of the key fiduciary
> obligation of care on the part of the Trustees, and that they should be more
> concerned about that breach than the oft-stated concern that release of the
> College and its assets to the ACCC would somehow constitute a breach of
> fiduciary obligation to AU that would leave them open to personal lawsuits.
> In my view, that is a completely backwards assessment of the situation.
> 
> http://www.urbanacitizen.com/main.asp?SectionID=3&SubSectionID=5&ArticleID=1
> 47031&TM=84956.72
> 
> Barbara Esbin '75
> 
> 
>> From: da-bronx <michael.heffernan at gmail.com>
>> Reply-To: Alumni Chat List <alumni-chat at w3.antioch.edu>
>> Date: Fri, 22 Feb 2008 20:40:57 -0500
>> To: Antioch College Alumni Association Board Members
>> <alumni-board at antiochians.org>
>> Cc: Antiochian Communications <communications at antiochians.org>, Alumni Chat
>> List <alumni-chat at w3.antioch.edu>, "Save Antioch. Save the World"
>> <saveantioch at lists.antiochians.org>, Organizers <organizers at antiochians.org>
>> Subject: [Alumni-chat] A Statement from the ACCC in Response to Today's Univ.
>> Announcement
>> 
>> "Today's announcement by the University contains only one piece of new
>> information: that the two parties have not yet reached an agreement. The
>> rest of the announcement simply restates what was already a matter of public
>> record: that the University does not intend to operate the College beyond
>> June 30, 2008, and that it is open to negotiating an agreement that would
>> enable the ACCC to continue operating the College. Those negotiations are
>> ongoing, and we look forward to receiving a proposal from the University
>> Board of Trustees outlining what it sees as the next steps towards an
>> agreement. We appreciate that everyone is understandably anxious for more
>> information, and we will provide further updates as soon as possible."
>> 
>> -Eric Bates, on behalf of the ACCC
>> 
>> -- 
>> :::::::::::::::::::::::::::::::::::::::
>> "Ubi dubium, ibi libertas."
>> 
> 
> 
> 
>