Reply to LAMB Sued for $20M by 2 families of sexual abuse victims

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Reply to "LAMB Sued for $20M by 2 families of sexual abuse victims"

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[quote=Anonymous][quote=Anonymous]"it actually won't be fine. it's going to be litigated out of existence and that's tough for LAMB families to fathom. "

Among my cohort, it remains a very desirable school among those looking to enroll PK3ers.  I don't see that changing.  That's what I mean by reputation.  [/quote]

If the school is found liable and has to pay millions in awards to the victims' families, how much longer will it remain a desirable school? The school isn't sitting on a multi-million endowment, and it is leveraged up to its eyeballs with mortgages on its facilities.

Insurance will only cover so much. No one on this board knows how much the school's policies cover, or even whether Cottman and Encinas negotiated an agreement with the school to cover their personal legal expenses as part of a severance agreement.

The 'this will close the school' crowd is umping the gun a bit. I think there will be a slow decline. If your kids are already in -- you'll probably be able to ride it out. But will it still be around in 10 years? Not so sure.

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