boy scouts bankruptcy News

Boy Scouts Fail to Gain Enough Support From Victims for $2.7B Sex Abuse Settlement

The Boy Scouts of America fell short of winning the support it sought from sex-abuse victims for a near $2.7 billion settlement that could bring the organization out of bankruptcy, the Wall Street Journal reported on Wednesday citing a preliminary …

Chubb Agrees to Pay $800M Toward Boy Scouts Sex Abuse Claims Deal

One of the Boy Scouts of America’s primary insurers, Chubb Ltd. unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle around 82,500 claims from people who say …

Bankruptcy Judge Ousts Boy Scouts Mediator; Extends Deadline

The judge presiding over the Boy Scouts of America bankruptcy issued a ruling Tuesday removing a former Delaware bankruptcy judge as a mediator, saying a court filing by the Boy Scouts raised questions about his impartiality. Judge Laura Selber Silverstein …

Former Boy Scouts Official Tells Congress Group Still Protecting Secrets Over Kids

The former youth protection director for the Boy Scouts of America said Tuesday the organization is not doing enough to protect children from sexual abuse and is still trying to maintain a veil of secrecy over decades of past abuse. …

Boy Scouts Preparing for Abuse Victims’ Vote on $1.6 Billion Compensation Fund

The Boy Scouts of America are preparing to ask sex abuse victims to vote for a $1.6 billion trust fund to settle their claims in a key step toward ending its contentious bankruptcy. The proposal sets potential payments based on …

Religious Partners Fear Boy Scouts’ Bankruptcy Plan Leaves Them Unprotected

Amid the Boy Scouts of America’s complex bankruptcy case, there is worsening friction between the BSA and the major religious groups that help it run thousands of scout units. At issue: the churches’ fears that an eventual settlement — while …

Key Hearing on Fate of Boy Scouts Bankruptcy Plan Underway

A Delaware judge on Tuesday began a key hearing that could determine whether the Boy Scouts of America can emerge from bankruptcy later this year with a reorganization plan that would compensate thousands of men who say they were sexually …

The Hartford Agrees to Pay $787M to Settle Boy Scouts Sexual Abuse Claims

The Hartford announced a new agreement in the Boy Scouts of America (BSA) bankruptcy in which it will pay $787 million for sexual abuse claims under policies mostly issued in the 1970s. The new agreement supersedes a prior $650 million …

Chubb Unit Insurance Dispute Complicates Boy Scouts Abuse Victims’ Deal

A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused Boy Scouts is complicating talks to end the youth group’s bankruptcy case. Lawyers for more than 80,000 people who say …

Boy Scouts Delays Bankruptcy Step After Judge Questions Legal Fees, Insurer Deal

Attorneys for the Boy Scouts of America are postponing a key bankruptcy hearing that was scheduled to start this week, following a court ruling that casts uncertainty on the future of the case. Attorneys on Friday filed court papers postponing …