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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][quote=Anonymous][quote=Anonymous]Why would a bank approve a loan to a school that’s about to get hammered in court?[/quote] Because it’s not going to go to court. It will be settled with the insurance company. You people really have no idea what you’re talking about. [/quote] Even so, these are significant lawsuits (closing in on $1B) that will have an impact on the school's finances and viability. [/quote] Anyone who know anything about this knows those numbers are arbitrary and more symbolic of how serious the plaintiffs are - they aren’t real dollar amounts. And the worst thing they will probably do to the school is make their insurance premiums go up. The school is not going to close over them. [/quote]
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