boy scouts bankruptcy News

Judge Grants Conditional Approval for Boy Scouts Sex Abuse Bankruptcy Plan

The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization plan to exit bankruptcy and settle more than 80,000 claims brought by victims of sexual abuse. The ruling by U.S. …

Insurers Await Judge’s Ruling as Boy Scouts Bankruptcy Hearings End

A year and a half after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse lawsuits, a Delaware judge is poised to issue a ruling that could determine whether the organization might emerge from …

What’s at Stake in Boy Scouts Bankruptcy Case

The Boy Scouts of America sought bankruptcy protection in February 2020 to halt thousands of lawsuits by men who said they were molested as youngsters by Scoutmasters or other leaders. The filing was part of an attempt to reach a …

Hearings Get Underway Into Boy Scouts Bankruptcy Plan Opposed by Insurers

An attorney for the Boy Scouts of America told a Delaware judge on Thursday that the group’s national board never adopted a resolution approving an $850 million agreement that is the linchpin of the Boy Scouts’ proposed bankruptcy plan. Despite …

Hearing Set on Boy Scouts $850M Settlement Agreement

A bankruptcy judge has set a July 29 hearing on the proposed $850 million settlement agreement the Boy Scouts of America have with attorneys representing some 60,000 victims of child sex abuse, giving insurance companies and others who oppose it …

Not All Abuse Survivors Welcome Boy Scouts $850M Bankruptcy Deal

An $850 million agreement by the Boy Scouts of America to compensate sex-abuse victims prompted outrage Friday from some survivors and their advocates, while others were encouraged and saw it as the best outcome that could be achieved under the …

Boys Scouts Reaches $850M Settlement With Group of Sex Abuse Survivors

The Boy Scouts of America reached settlement with a major group of sex-abuse survivors, a defining moment in the organization’s bankruptcy case. The Boy Scouts have offered $850 million in cash and other assets to 60,000 abuse victims, including $59 …

Latest Boy Scouts Bankruptcy Plan Increases Victims’ Fund, Drops Insurer’s $650M Offer

The latest bankruptcy plan filed by the Boy Scouts of America increases the contributions from the BSA and its local councils to a proposed trust fund for child sex abuse victims while appearing to back away from a controversial settlement …

Boy Scouts’ Lawyers Eye New Reorganization Plan After Criticisms from Abuse Victims

DOVER, Del. (AP) – Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been roundly criticized by …

Sex Abuse Victims Say Boy Scouts Bankruptcy Plan Falls Short in Compensation, Details

The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy is asking a judge for permission to file its own reorganization plan, saying the plan proposed by the BSA falls woefully short of fairly compensating …