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.
RNC chair says Talarico’s GOP crossover hopes are a ‘pipe dream’: ‘Nobody is going to follow him’
‘Outsider’ House primary winner sets sights on flipping longtime GOP seat back from Dems: ‘Ready for a change’
Massachusetts Governor Signs New Law Blocking ICE Access to Several Locations
DSA Governor Candidate Hires OnlyFans Model as Deputy Campaign Manager
Tennessee Candidate Arrested After Allegedly Shooting Down Flock Cameras
University of Michigan Goes Full Participation Trophy, Will Hide Grades for Student ‘Mental Health’
Florida man accused of killing nurse mom who helped him despite repeated arrests for threatening her: sheriff
Miss North Carolina USA pageant producers fire back after winner says she lost title over faith
WNBA Commissioner Announces League Is Reviewing Trans Inclusion After Former NBA Players Declare for Draft
Justice Department Settles With Pro-Life Father of 11 Whose Home They Busted Into
IN CHARTS: A visual breakdown of the Smithsonian’s billion-dollar taxpayer-funded budget
Socialists rising in Colorado? Send in the Marines, GOP nominee says
Why Stephen Miller thinks orders limiting birthright citizenship will go differently this time
EXCLUSIVE: Talarico caught on tape giggling about his church housing illegal immigrants set for deportation
Two dead, including infant, after boat capsizes in New York Harbor; 12 rescued
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.
RNC chair says Talarico’s GOP crossover hopes are a ‘pipe dream’: ‘Nobody is going to follow him’
‘Outsider’ House primary winner sets sights on flipping longtime GOP seat back from Dems: ‘Ready for a change’
Massachusetts Governor Signs New Law Blocking ICE Access to Several Locations
DSA Governor Candidate Hires OnlyFans Model as Deputy Campaign Manager
Tennessee Candidate Arrested After Allegedly Shooting Down Flock Cameras
University of Michigan Goes Full Participation Trophy, Will Hide Grades for Student ‘Mental Health’
Florida man accused of killing nurse mom who helped him despite repeated arrests for threatening her: sheriff
Miss North Carolina USA pageant producers fire back after winner says she lost title over faith
WNBA Commissioner Announces League Is Reviewing Trans Inclusion After Former NBA Players Declare for Draft
Justice Department Settles With Pro-Life Father of 11 Whose Home They Busted Into
IN CHARTS: A visual breakdown of the Smithsonian’s billion-dollar taxpayer-funded budget
Socialists rising in Colorado? Send in the Marines, GOP nominee says
Why Stephen Miller thinks orders limiting birthright citizenship will go differently this time
EXCLUSIVE: Talarico caught on tape giggling about his church housing illegal immigrants set for deportation
Two dead, including infant, after boat capsizes in New York Harbor; 12 rescued
“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.
