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.
BREAKING: Former Prince Andrew Arrested in Epstein Case
DC Mayor Bowser declares emergency over Potomac sewage spill, asks for federal help
RNC sues to stop Democrats’ Virginia redistricting push
Inside ICE’s battle with local Democrats to convert warehouses into detention centers
Strapped New Yorkers swarm chaotic Mamdani-inspired free grocery store pop-up: We’re ‘in pain’
Trump hits campaign trail in key battleground as race to replace Marjorie Taylor Greene heats up
Is DEI Dead? Jasmine Crockett’s Texas Senate Run Seems Like an Afterthought Following Colbert’s James Talarico Stunt
LATE BREAKING: Massive Guthrie Kidnapping Break – FBI Now Has Names and Photos of Suspects
Hiker dies of hypothermia after slipping off trail near summit of New York’s tallest mountain
Grandmother tells Trump critics to ‘get off the man’s back’ during White House Black History Month event
DHS shutdown leaves local emergency responders on their own amid extreme weather, expert warns
Detroit officers facing termination for allegedly contacting immigration authorities during traffic stops
NYC Mayor Zohran Mamdani reverses course on homeless encampments after pausing clearings
Trump DOJ probes Michigan schools over gender curriculum, joins lawsuit against LA race-based program
3rd arrested in violent overnight home invasion, multiple illegal aliens accused of sexual assault, kidnapping
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.
BREAKING: Former Prince Andrew Arrested in Epstein Case
DC Mayor Bowser declares emergency over Potomac sewage spill, asks for federal help
RNC sues to stop Democrats’ Virginia redistricting push
Inside ICE’s battle with local Democrats to convert warehouses into detention centers
Strapped New Yorkers swarm chaotic Mamdani-inspired free grocery store pop-up: We’re ‘in pain’
Trump hits campaign trail in key battleground as race to replace Marjorie Taylor Greene heats up
Is DEI Dead? Jasmine Crockett’s Texas Senate Run Seems Like an Afterthought Following Colbert’s James Talarico Stunt
LATE BREAKING: Massive Guthrie Kidnapping Break – FBI Now Has Names and Photos of Suspects
Hiker dies of hypothermia after slipping off trail near summit of New York’s tallest mountain
Grandmother tells Trump critics to ‘get off the man’s back’ during White House Black History Month event
DHS shutdown leaves local emergency responders on their own amid extreme weather, expert warns
Detroit officers facing termination for allegedly contacting immigration authorities during traffic stops
NYC Mayor Zohran Mamdani reverses course on homeless encampments after pausing clearings
Trump DOJ probes Michigan schools over gender curriculum, joins lawsuit against LA race-based program
3rd arrested in violent overnight home invasion, multiple illegal aliens accused of sexual assault, kidnapping
“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.
