Former Kentucky State University President George W. Reid has bowed out of his $15 million lawsuit against The State Journal, contending he wants to "sever ties" with Frankfort completely.
Reid's attorney, Thomas Clay of Louisville, has moved to have the case, which also named a University of Cincinnati professor as a defendant, dismissed in Franklin Circuit Court.
Clay, reached by telephone, said the move isn't a legal defeat, even though the end result produced no verdict for Reid or payment to his attorneys who'd agreed to accept a portion of any settlement as compensation.
Overall, according to attorney Garry Adams, the suit cost Reid an estimated $2,000. (Adams spoke on behalf of Clay who has been put on voice rest due to health problems).
"He wanted to avoid the expense and inconvenience of the protracted litigation," Adams said, relaying communications for Clay. "And he wanted to completely sever ties with Frankfort, Ky."
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