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.
Washington homeowner hears mysterious banging, calls 911 before police find growling bobcat at top of stairs
Breaking: Intimidation Arrest Made Outside Courthouse of Lindsay Clancy Trial Setting Stage for Potential Mistrial
Tyler Robinson to face trial in Charlie Kirk assassination as judge keeps death penalty on table
Top Democrat survives double-barreled challenge as party’s Israel divide hits home
Colin Kaepernick Reemerges and Tries to Cash in on Playing the Victim
House Democrat survives left-flank challenge as Bernie volunteer mounts insurgent bid
Trump Wants Congress to Save Hollywood from Going Bust – His Heart Might Be in The Right Place, But He’s Dead Wrong
DOJ sues Kansas school district over ‘secret gender transitions’ in first-of-its-kind lawsuit
Former president-turned-amateur artist George W. Bush debuting new paintings for 9/11 remembrance
Canadian Voters Double Down on Hostility Toward Trump, Hand Liberal Party Special Election Sweep
Republicans turn on House GOP lawmaker accused of late-night texts, lavish gifts to female staffers
Starmer steps down from Parliament to seek opportunities in ‘international affairs,’ with Greens eager to snatch his seat
Ex-Indiana deputy charged with felony for allegedly using Flock cameras to stalk girlfriend
House Democrats Panicking as Republicans Prepare to Make Them Go on the Record with Socialism Vote
Spanberger fact-checked after Trump mail-voting warning raises military ballot fears
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.
Washington homeowner hears mysterious banging, calls 911 before police find growling bobcat at top of stairs
Breaking: Intimidation Arrest Made Outside Courthouse of Lindsay Clancy Trial Setting Stage for Potential Mistrial
Tyler Robinson to face trial in Charlie Kirk assassination as judge keeps death penalty on table
Top Democrat survives double-barreled challenge as party’s Israel divide hits home
Colin Kaepernick Reemerges and Tries to Cash in on Playing the Victim
House Democrat survives left-flank challenge as Bernie volunteer mounts insurgent bid
Trump Wants Congress to Save Hollywood from Going Bust – His Heart Might Be in The Right Place, But He’s Dead Wrong
DOJ sues Kansas school district over ‘secret gender transitions’ in first-of-its-kind lawsuit
Former president-turned-amateur artist George W. Bush debuting new paintings for 9/11 remembrance
Canadian Voters Double Down on Hostility Toward Trump, Hand Liberal Party Special Election Sweep
Republicans turn on House GOP lawmaker accused of late-night texts, lavish gifts to female staffers
Starmer steps down from Parliament to seek opportunities in ‘international affairs,’ with Greens eager to snatch his seat
Ex-Indiana deputy charged with felony for allegedly using Flock cameras to stalk girlfriend
House Democrats Panicking as Republicans Prepare to Make Them Go on the Record with Socialism Vote
Spanberger fact-checked after Trump mail-voting warning raises military ballot fears
“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.
