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.
Coast Guard asks public to identify sailboat moored near vessel where Lynette Hooker vanished in Bahamas
Idaho murders evidence leak triggers criminal investigation for insider who spilled secrets: report
Alert: In Dramatic Climate Update, Al Gore Warns of Impending Global… Cooling!
Trump commits to opening Strait of Hormuz if Iran agrees to deal on the table
Dolly Parton Shares ‘Some Good News and a Little Bad News’ with Fans
Iowa Dem’s Muslim prayer, ‘too white’ comments resurface in tight House race: ‘Downright shameful’
Former ICE official loses GOP primary in key battleground district Republicans are hoping to flip
Vance sells Iran war to the heartland as Rubio charms Washington
EU admits it ‘didn’t have control’ on migration as bloc rushes crackdown ahead of new rules
AOC-backed $25 minimum wage plan sounds great — but at what cost?
California man sentenced to prison for using pickaxe to kill teen brother with cerebral palsy
Two planes come within 500 feet of each other while approaching JFK Airport in latest close call
South Carolina inmate who believes he is immortal cannot be executed due to mental illness, judge rules
Trump marks Cinco de Mayo with ‘NICE’ post, echoing past viral taco bowl moment
Family of Murdered College Student Furious as Killer Learns His Sentence: ‘It’s Not Enough’
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.
Coast Guard asks public to identify sailboat moored near vessel where Lynette Hooker vanished in Bahamas
Idaho murders evidence leak triggers criminal investigation for insider who spilled secrets: report
Alert: In Dramatic Climate Update, Al Gore Warns of Impending Global… Cooling!
Trump commits to opening Strait of Hormuz if Iran agrees to deal on the table
Dolly Parton Shares ‘Some Good News and a Little Bad News’ with Fans
Iowa Dem’s Muslim prayer, ‘too white’ comments resurface in tight House race: ‘Downright shameful’
Former ICE official loses GOP primary in key battleground district Republicans are hoping to flip
Vance sells Iran war to the heartland as Rubio charms Washington
EU admits it ‘didn’t have control’ on migration as bloc rushes crackdown ahead of new rules
AOC-backed $25 minimum wage plan sounds great — but at what cost?
California man sentenced to prison for using pickaxe to kill teen brother with cerebral palsy
Two planes come within 500 feet of each other while approaching JFK Airport in latest close call
South Carolina inmate who believes he is immortal cannot be executed due to mental illness, judge rules
Trump marks Cinco de Mayo with ‘NICE’ post, echoing past viral taco bowl moment
Family of Murdered College Student Furious as Killer Learns His Sentence: ‘It’s Not Enough’
“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.
