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.
House Republicans unlock reconciliation process to fund ICE and Border Patrol without Democrats
Small-town Virginia mayor reportedly arrested for allegedly showing up drunk to train derailment
Romanian national learns fate for swatting US officials, including members of Congress, judges
Melania Trump embraces AI education initiative in White House tech push: ‘She’s been a champion’
‘The View’ Floats Dangerous Conspiracy Theory About Trump Days After Assassination Attempt, Draws Response from White House
Why The Supreme Court’s Landmark Elections Decision Is a ‘Game Changer’ for the Midterms and Beyond
Trump’s USA ‘Rededication to God’ Event in DC Will Occur Same Date as Continental Congress Took Similar Action in 1776
Trump weighs pulling US troops from Germany amid clash with chancellor over Iran war
GOP gubernatorial hopeful blasted by critics for ‘lying’ on stage about illegal immigrant hires
‘Sanctuary Politicians’ Release Illegal Alien Suspected of Killing Newlywed Couple – Then ICE Steps In
Trump EPA chief vows he won’t take ‘morality lessons’ from Dem senator after heated clash
Newsom mocks Trump’s limited-edition passport with fake California driver’s license featuring gov’s portrait
UnitedHealthcare Fires Employee Who Said She Was Sad Trump Assassin Failed: ‘Violence is Never Acceptable’
United Airlines Flight Reportedly Struck by a Drone at 3,000 Feet
Members of heretical Muslim cult arrested in UK accused of sex offenses, forced marriage, and slavery
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.
House Republicans unlock reconciliation process to fund ICE and Border Patrol without Democrats
Small-town Virginia mayor reportedly arrested for allegedly showing up drunk to train derailment
Romanian national learns fate for swatting US officials, including members of Congress, judges
Melania Trump embraces AI education initiative in White House tech push: ‘She’s been a champion’
‘The View’ Floats Dangerous Conspiracy Theory About Trump Days After Assassination Attempt, Draws Response from White House
Why The Supreme Court’s Landmark Elections Decision Is a ‘Game Changer’ for the Midterms and Beyond
Trump’s USA ‘Rededication to God’ Event in DC Will Occur Same Date as Continental Congress Took Similar Action in 1776
Trump weighs pulling US troops from Germany amid clash with chancellor over Iran war
GOP gubernatorial hopeful blasted by critics for ‘lying’ on stage about illegal immigrant hires
‘Sanctuary Politicians’ Release Illegal Alien Suspected of Killing Newlywed Couple – Then ICE Steps In
Trump EPA chief vows he won’t take ‘morality lessons’ from Dem senator after heated clash
Newsom mocks Trump’s limited-edition passport with fake California driver’s license featuring gov’s portrait
UnitedHealthcare Fires Employee Who Said She Was Sad Trump Assassin Failed: ‘Violence is Never Acceptable’
United Airlines Flight Reportedly Struck by a Drone at 3,000 Feet
Members of heretical Muslim cult arrested in UK accused of sex offenses, forced marriage, and slavery
“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.
