for Chapter 11 bankruptcy as far back as Dec. 2018, but the actual filing didn’t take place until this week.
By seeking bankruptcy protection, the outdoor and youth leadership group that claims more than 110 million participants since its inception, puts a halt to the litigation and will give the Boy Scouts a window to negotiate settlements with those who have sued, potentially rolling all claims into a single final resolution. It’s a similar approach used by USA Gymnastics and Catholic dioceses as they grappled with potential judgments against them running into the hundreds of millions of dollars.
The bankruptcy filing stemmed from a new wave of suits that grew out of an Oregon case against the Boy Scouts in the 2000s that left the nonprofit liable for $18.5 million in punitive damages, the largest verdict against the group in its history. “Paul Mones, a lawyer in that case, said he recalled musing with his co-counsel at the time that the files may just be the tip of the iceberg that could ultimately send the Boy Scouts toward bankruptcy,” the New York Times.
“The trial also triggered the public release of internal files kept for decades that revealed the identities and crimes of hundreds of known abusers,” the Oregonian. “The files informed thousands of former Scouts about the pervasiveness of sexual abuse in the organization and the extent of the group’s knowledge, he said. The records prompted hundreds of lawsuits, including several in Oregon.
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Boy Scouts of America files for bankruptcyThe venerable non-profit is following the lead of the scandal-wracked Roman Catholic Church. MaddowBlog *amid sexual harassment lawsuits, Boy Scouts of America declares bankruptcy. There fixed it. You can tell the people who belong to the party of Dennis Hastert, Roy Moore and Gym Jordan by the replies. I thought Scouts were meant to be ALWAYS prepared. Evidently not on this occasion.
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Boy Scouts of America files for bankruptcy: What happens now?The future of the institution is in doubt as it looks to deal with lawsuits detailing decades of child abuse. We buy them out and turn them in to the Trump Youth. Make boys masculine again. They can join the Girl Guides. Isn’t there’s no more gender this and gender that. The boys can all be girls. Simple😉😂🇿🇼 Sell them on Amazon
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Boy Scouts of America files for bankruptcy amid hundreds of sexual abuse lawsuitsThe Boy Scouts of America has filed for bankruptcy, according to a court document filed in Delaware bankruptcy court early Tuesday. Maybe they should’ve sold cookies 💁🏼♀️ I feel like you left out an important part in the tweet... I guess no one ever earned the Fiscal Responsibility badge.
Source: cnnbrk - 🏆 393. / 55 Read more »
Boy Scouts of America files for bankruptcy following sex abuse lawsuitsThe Boy Scouts of America declared bankruptcy following sex abuse lawsuits filed by thousands of former scouts. 人不能，至少不应该 Homophobes are the problem not gay people. I don't believe this is true. The truth is likely more that no one wants to be in the BSA once it went full-on gay, flipping its morals on its head. With no scouts, no money, so bankruptcy. Think about it.
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Boy Scouts of America files bankruptcy in wake of abuse lawsuitsBoy Scouts of America files for bankruptcy amid challenges over lawsuits alleging abuse Yes turns out hiding pedophilia is bad for the bottom line. Anything that can be pinned on Trump ? sell cookies
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