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.
Video: Missouri High-Speed Chase Suspect Survives After Stopping Car, Swan Diving Off Bridge to Escape Cops
Missing Grand Canyon hiker, 83, rescued after getting separated from companion
Listen: As Islamists Slaughter Christians, Democrat Candidate Warns Christians Feel ‘Very Threatening’ to Her – She’s a Christian Minister
Manhunt underway after Berlin Pride van-ramming kills one and injures 16
‘Vibrant’ Florida grandma allegedly killed by illegal immigrant outside Publix, family fights for justice
Trump’s SAVE America Act stalls as McConnell’s absence complicates Senate path
EXCLUSIVE: Legal group tells NYPD cops they can contact ICE directly despite blue city’s sanctuary rules
100 day sprint to the midterms kicks off as Republicans and Democrats clash for control across the country
The DSA’s dumbed-down definition of working class is designed to deceive
WATCH: Democrats blast Trump Saudi nuclear deal as GOP touts regional alliance
California authorities search for 2 children allegedly abducted by father, fear for their safety
At least 1 shot, 1 detained after reported active shooter at Texas mall: police
Federal appeals court rejects Trump bid to enforce mail ballot order ahead of midterm elections
Second House Discovered Related to Family With 16 ‘Almost Feral’ Children – Building Described as ‘Just Urine, Feces’
Armed man in tactical vest emerges from exploding Queens home before being shot by NYPD officers; 2 found dead
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.
Video: Missouri High-Speed Chase Suspect Survives After Stopping Car, Swan Diving Off Bridge to Escape Cops
Missing Grand Canyon hiker, 83, rescued after getting separated from companion
Listen: As Islamists Slaughter Christians, Democrat Candidate Warns Christians Feel ‘Very Threatening’ to Her – She’s a Christian Minister
Manhunt underway after Berlin Pride van-ramming kills one and injures 16
‘Vibrant’ Florida grandma allegedly killed by illegal immigrant outside Publix, family fights for justice
Trump’s SAVE America Act stalls as McConnell’s absence complicates Senate path
EXCLUSIVE: Legal group tells NYPD cops they can contact ICE directly despite blue city’s sanctuary rules
100 day sprint to the midterms kicks off as Republicans and Democrats clash for control across the country
The DSA’s dumbed-down definition of working class is designed to deceive
WATCH: Democrats blast Trump Saudi nuclear deal as GOP touts regional alliance
California authorities search for 2 children allegedly abducted by father, fear for their safety
At least 1 shot, 1 detained after reported active shooter at Texas mall: police
Federal appeals court rejects Trump bid to enforce mail ballot order ahead of midterm elections
Second House Discovered Related to Family With 16 ‘Almost Feral’ Children – Building Described as ‘Just Urine, Feces’
Armed man in tactical vest emerges from exploding Queens home before being shot by NYPD officers; 2 found dead
“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.
