The Boy Scouts of America (BSA) has sought bankruptcy protection in a move the group says will allow it to build a compensation fund for sex abuse victims and address hundreds of outstanding claims for redress.
The move follows a number of lawsuits filed against the organisation over claims of sexual abuse, alleging it failed to prevent hundreds of cases dating back over decades.
Most of the newly surfacing cases date to the 1960s, ’70s and ’80s; the organisation says there were only five known abuse victims in 2018.
All civil lawsuits against it are now on hold as a result of the bankruptcy application as the group is struggling with declining membership as well as the abuse claims.
“The BSA cares deeply about all victims of abuse and sincerely apologises to anyone who was harmed during their time in scouting. We are outraged that there have been times when individuals took advantage of our programs to harm innocent children,” chief executive Roger Mosby said in a statement.
Court papers filed in Delaware listed liabilities of up to $1bn and assets of as much as $10bn, reports say.
Manhattan DA’s office employee charged with sexual abuse after alleged incident on Queens subway
Florida prisoner laughs as judge sentences him to life for killing cellmate with pen: ‘You are amusing’
Florida man’s execution date set for killing 2, including small child
Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term
Ilhan Omar Rages at Reporter Who Confronted Her About Financial Disclosure: ‘You’re Stupid’
Five things to know about Maine Senate hopeful Graham Platner
Judge Slams the Brakes on Democrats’ Virginia Redistricting, Rules Every Vote ‘Ineffective’
‘Come On!’: Maury Povich Dismantles Joy Reid’s Absurd Claim That Dems Don’t ‘Play Politics’
Obama’s Shameless Hypocrisy Exposed as He Celebrates Democrats’ Virginia Power Grab
Mexican national convicted of illegally voting in US after false citizenship claims faces removal: DHS
DC pipe bomb suspect pleads not guilty to terrorism and WMD charges
Virginia court declares state’s redistricting vote was unconstitutional in legal win for Republicans
National Gallery of Art receives record $116 million donation for America’s 250th birthday
Appeals Court Sides With Texas on 10 Commandments in Classroom, Overruling Lower Court
Chuck Schumer’s Attempt to Defend the SPLC from Stunning Indictment Earns Him Mockery
Among the matters to be addressed in the bankruptcy court are the fate of the Boy Scouts’ assets; the extent to which the organisation’s insurance will help cover compensation; and whether assets of the Scouts’ 261 local councils will be added to the fund.
As Breitbart News reported, the Boy Scouts of America first mooted filing for bankruptcy back in 2018.
On that occasion leadership of the youth organization hired the law firm Sidley Austin LLP to explore a wide range of options, including petitioning for relief under Chapter 11.
Legal experts noted then that filing for bankruptcy would “stave off” at least 140 lawsuits filed against the organization alleging misconduct by scoutmasters.
The Boys Scouts of America has undertaken rebranding efforts since, with the nonprofit renaming itself “Scouts BSA” in 2019.
In May last year, BSA announced girls will be allowed to join the group in the future. “We wanted to land on something that evokes the past but also conveys the inclusive nature of the program going forward,” Surbaugh said at the time of the announcement.
Manhattan DA’s office employee charged with sexual abuse after alleged incident on Queens subway
Florida prisoner laughs as judge sentences him to life for killing cellmate with pen: ‘You are amusing’
Florida man’s execution date set for killing 2, including small child
Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term
Ilhan Omar Rages at Reporter Who Confronted Her About Financial Disclosure: ‘You’re Stupid’
Five things to know about Maine Senate hopeful Graham Platner
Judge Slams the Brakes on Democrats’ Virginia Redistricting, Rules Every Vote ‘Ineffective’
‘Come On!’: Maury Povich Dismantles Joy Reid’s Absurd Claim That Dems Don’t ‘Play Politics’
Obama’s Shameless Hypocrisy Exposed as He Celebrates Democrats’ Virginia Power Grab
Mexican national convicted of illegally voting in US after false citizenship claims faces removal: DHS
DC pipe bomb suspect pleads not guilty to terrorism and WMD charges
Virginia court declares state’s redistricting vote was unconstitutional in legal win for Republicans
National Gallery of Art receives record $116 million donation for America’s 250th birthday
Appeals Court Sides With Texas on 10 Commandments in Classroom, Overruling Lower Court
Chuck Schumer’s Attempt to Defend the SPLC from Stunning Indictment Earns Him Mockery
“We’re trying to find the right way to say we’re here for both young men and young women.”
In the 14 months since then, the youth organization has allowed children who identify as girls to join the Scouts, a controversial move that was seen by some, including Girl Scouts of the USA President Kathy Hopinkah Hannan, as an attempt to raise their diminished enrollment numbers.
The 100-year-old organization could now be forced to sell off some of its vast property holdings to raise money for a compensation fund that could surpass $1 billion.
Story cited here.
