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Re:Will I Ever See the $36MM Oberlin College Owes Me? by dekhn on Thursday September 01, 2022 @01:09PM (#32679572)
By "doesn't have a choice" I'm not sure what you mean. Certainly their lawyers could have chosen not to appeal upon reasonable grounds ("we're likely to lose, and that will cause greater fines").
Re:Will I Ever See the $36MM Oberlin College Owes Me? by tptacek on Thursday September 01, 2022 @01:34PM (#32679981)
Any defendant assessed a 36MM penalty is going to appeal, to the limit of their ability to appeal, as is their right. Gibson's is going to get 36MM, and they can wait a little while to get it.
Re:Will I Ever See the $36MM Oberlin College Owes Me? by rustybelt on Thursday September 01, 2022 @03:02PM (#32681367)
If you read the article their appeal to the state supreme court actually increased the judgement from $31 million to $36 million, so continuing to appeal may have been a poor choice.
Re:Will I Ever See the $36MM Oberlin College Owes Me? by jcims on Thursday September 01, 2022 @02:34PM (#32680944)
I wonder if you could borrow against it. 36MM in the future is a nice thing but doesn't pay your bills today.
Re:Will I Ever See the $36MM Oberlin College Owes Me? by mhuffman on Thursday September 01, 2022 @04:35PM (#32682748)
Yes you can! Back in the day there was a very famous company that advertised 24/7 to do just that![1]

[1]https://en.wikipedia.org/wiki/J.G._Wentworth

Re:Will I Ever See the $36MM Oberlin College Owes Me? by SilasX on Thursday September 01, 2022 @06:26PM (#32684178)
Not quite. That was for structured settlements where the defendant had already agreed to the terms and started paying. The parent was talking about borrowing against a pending matter that hasn’t yet settled.
Re:Will I Ever See the $36MM Oberlin College Owes Me? by nopzor on Thursday September 01, 2022 @09:20PM (#32685518)
i’m sure there’s some company that would feel confident in their math and stats to pay out x million to the defendant immediately, rather than 36m, in exchange for having the rights to the claim/pending payment assigned to them?

the only real question is how much lower x million is from 36m.

Re:Will I Ever See the $36MM Oberlin College Owes Me? by SilasX on Friday September 02, 2022 @09:38AM (#32690647)
I agree, I was only speaking to whether JG Wentworth is such a company. It is not.