Risk mgt violation costs ASU big

[LXAAlum]

If Lloyd's isn't going to cover, then I would venture to guess that we will see ASU join NIU in having their charter revoked and the chapter closed.

They'll probably have to sell the property (if they do own it) to cover as much of the settlement as possible.

You would think that LXA would learn from Rutgers, Iowa State, and now this. Something tells me we'll see proposals to have LXA go dry at the next GA next August.