Dr. Kim Schatzel declined to discuss her job status in a brief telephone interview with WDRB News on Tuesday
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The Board of Trustees and the University of Louisville Foundation approved terms agreed to in a mediation to settle the suit.
What I do foresee, after the initial bluster and posturing subsides, is a reasonable compromise.
The school says the rumor of a trustee being the source isn't new, has already been investigated and that no evidence was ever found to support the claim.
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The former U of L board chairman made the claim about the Katina Powell scandal while under oath in a July deposition. Ramsey's lawyer calls it "ridiculous."
Stites & Harbison says U of L and its foundation waited too long to sue over alleged financial fraud during the Jim Ramsey era.
A judge denied the former U of L president's request to throw out the financial fraud and mismanagement lawsuit filed against Ramsey in April.
The U of L Foundation will not have to pay James Ramsey’s attorney fees and costs in the foundation's own lawsuit against the former U of L president for alleged financial mismanagement and fraud.
“This is about a pattern and practice of overspending foundation money,” a lawyer for U of L said in court Friday.