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.
Trump admin sues Penn State over in-state tuition policy for undocumented migrants
Colorado police officer killed, 3 more officers wounded after suspect opens fire near bus
Trump’s massive Arlington triumphal arch approved for construction by federal planning commission
Indiana, Florida and Alabama carry out rare US triple execution day
Watch: DeSantis Nails Midterm Blowout with Blunt Talk on Thune’s GOP Senate – ‘They Didn’t Even Attempt’ Bold Conservatism
Military Identifies Remains of WWII Soldier Who Served in Legendary Merrill’s Marauders
Big Blue Wave Gives Democrats the Power to Effectively End the Electoral College Before 2028
Vance ‘privately’ blasts Netanyahu as Iran war divides Trump administration and 2028 ambitions loom
Child molester’s looming prison release reignites sanctuary showdown in wake of Dem election sweep
DOJ Launches Criminal Investigation Into Leak of Supreme Court Decision That Overturned Roe v. Wade
Preview of What’s to Come: As Iowa Falls to Dems, Obama Judge Clears Way for Satanists to Take Over Statehouse
California’s Sky-High Minimum Wage Claims Another Victim as Major Outback Steakhouse Franchisee Is Forced to File for Bankruptcy
Trump signs proclamation to prevent changes to Oval Office, other White House rooms
Texas State Rep Calls for Emergency Session Put Guardrails on Executive Branch Before Dems Seize Power
Eight GOP Reps. Who Co-Sponsored Amnesty Bill Voted Out of Office
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.
Trump admin sues Penn State over in-state tuition policy for undocumented migrants
Colorado police officer killed, 3 more officers wounded after suspect opens fire near bus
Trump’s massive Arlington triumphal arch approved for construction by federal planning commission
Indiana, Florida and Alabama carry out rare US triple execution day
Watch: DeSantis Nails Midterm Blowout with Blunt Talk on Thune’s GOP Senate – ‘They Didn’t Even Attempt’ Bold Conservatism
Military Identifies Remains of WWII Soldier Who Served in Legendary Merrill’s Marauders
Big Blue Wave Gives Democrats the Power to Effectively End the Electoral College Before 2028
Vance ‘privately’ blasts Netanyahu as Iran war divides Trump administration and 2028 ambitions loom
Child molester’s looming prison release reignites sanctuary showdown in wake of Dem election sweep
DOJ Launches Criminal Investigation Into Leak of Supreme Court Decision That Overturned Roe v. Wade
Preview of What’s to Come: As Iowa Falls to Dems, Obama Judge Clears Way for Satanists to Take Over Statehouse
California’s Sky-High Minimum Wage Claims Another Victim as Major Outback Steakhouse Franchisee Is Forced to File for Bankruptcy
Trump signs proclamation to prevent changes to Oval Office, other White House rooms
Texas State Rep Calls for Emergency Session Put Guardrails on Executive Branch Before Dems Seize Power
Eight GOP Reps. Who Co-Sponsored Amnesty Bill Voted Out of Office
“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.
