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.
GOP challenger Joe Kaufman to run in Florida’s 25th district; will face either Moskowitz or Wasserman Schultz
NATO Chief Says European Leaders Have Finally ‘Gotten the Message’ from Trump and Are Changing Their Ways
Woman objected to trans sex offender roommate — then she was sent back to prison, legal group says
Report: Democrats Are Seeking to Stage a Mutiny Against the Chair of the DNC
Secret Service officers shoot armed individual near White House
Palisades Fire suspect was allegedly ‘fixated’ on Luigi Mangione and held ‘resentment of the rich’: court docs
Becerra and Hilton tied as California governor race tightens: Poll
Pennsylvania Democrats rebuke ‘traitor’ Fetterman as party threatens primary challenge
Jeffries launches New York gerrymander push after redistricting clash with DeSantis
Trump Says Iran Will Be ‘Blown Off the Face of the Earth’ if They Fire on US Boats in Strait of Hormuz
Disgraced Dem cut off from doing business with government after alleged ‘outright fraud’ uncovered
Three Dead, Others Sickened in Outbreak of Rare Disease Aboard Cruise Ship
Ceasefire threatened as Iran launches waves of missiles and drones at UAE
Judge rants that Jan. 6 inmates were treated better than alleged WHCA dinner gunman
Convicted Somali scammer to avoid jail time in Minnesota’s largest-ever Medicaid fraud case
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.
GOP challenger Joe Kaufman to run in Florida’s 25th district; will face either Moskowitz or Wasserman Schultz
NATO Chief Says European Leaders Have Finally ‘Gotten the Message’ from Trump and Are Changing Their Ways
Woman objected to trans sex offender roommate — then she was sent back to prison, legal group says
Report: Democrats Are Seeking to Stage a Mutiny Against the Chair of the DNC
Secret Service officers shoot armed individual near White House
Palisades Fire suspect was allegedly ‘fixated’ on Luigi Mangione and held ‘resentment of the rich’: court docs
Becerra and Hilton tied as California governor race tightens: Poll
Pennsylvania Democrats rebuke ‘traitor’ Fetterman as party threatens primary challenge
Jeffries launches New York gerrymander push after redistricting clash with DeSantis
Trump Says Iran Will Be ‘Blown Off the Face of the Earth’ if They Fire on US Boats in Strait of Hormuz
Disgraced Dem cut off from doing business with government after alleged ‘outright fraud’ uncovered
Three Dead, Others Sickened in Outbreak of Rare Disease Aboard Cruise Ship
Ceasefire threatened as Iran launches waves of missiles and drones at UAE
Judge rants that Jan. 6 inmates were treated better than alleged WHCA dinner gunman
Convicted Somali scammer to avoid jail time in Minnesota’s largest-ever Medicaid fraud case
“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.
