Judge reduces Gibson's Bakery award to $25 million against Oberlin College [View all]
ELYRIA A Lorain County judge has reduced the total amount of damages won by the Gibson family and Gibsons Bakery in Oberlin in their recent lawsuit to just more than $25 million against Oberlin College.
In a three-page judgment entry handed down Thursday, Common Pleas Judge John Miraldi reduced by almost half the jurys $44 million award, which had consisted of more than $11 million in compensatory damages and $33 million in punitive damages.
Those damages were awarded to the plaintiffs following a six-week trial in which jurors found Oberlin College and its vice president and dean of students, Meredith Raimondo, damaged the century-old business relationship the college and bakery shared, as well as libeled the Gibson family.
The reduction in damages was not unexpected, several legal experts who have been following the case told The Chronicle-Telegram.
Read more: http://www.chroniclet.com/cops-and-courts/2019/06/28/Judge-reduces-Gibson-39-s-Bakery-award-to-25-million.html
(Elyria Chronicle-Telegram)