Quote:
Originally posted by Arya
gawd, this is bad. I think the lawyer are using "entire asset" as a leverage when it come down to negotiating.
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No question. But what if they win? Or, what if they settle for a couple million dollars?
I've got a pretty good idea what Delt is worth, and we have one of the highest dollar values in the fraternity world. We couldn't take many multi-million dollar suits.
And then it keeps coming back to Liability Insurance Costs. As SAEactive pointed out above, his national organization paid out three quarters of a million dollars in Risk Management claims in a recent year. That's not at all uncommon, and the sad fact is that somewhere above 90% of those kinds of claims NIC wide are alcohol related.
You can argue the merits of this suit ad-naseum, but the glaring fact is that we've got a big problem that we aren't solving.