July 16, 2021
Though the pace of new bankruptcy cases slowed in the first half of 2021, the proceedings of large and complex cases continue to wind their way through the nation's insolvency courts. Here, Law360 gives a preview of what to expect for the remainder of 2021 in significant pending cases.
July 07, 2021
A Delaware bankruptcy judge Wednesday delayed the hearing on the Boy Scouts of America's Chapter 11 plan disclosure until August after hearing insurers and Scout troop sponsors say they lacked a consensus on how to handle abuse claims.
July 02, 2021
The Boy Scouts of America objected Friday to a request from its insurers to delay a hearing for consideration of the organization's Chapter 11 plan disclosure statement, telling a Delaware bankruptcy judge that the insurers will have ample time to consider the effects of an $850 million deal recently reached with sex abuse survivors.
July 01, 2021
The Boy Scouts of America reached a historic settlement Thursday with sexual abuse victims, in a deal in which the organization pledges to pay up to $250 million and local scouting groups will shell out up to $600 million to tens of thousands of victims.
June 18, 2021
The Boy Scouts of America on Friday filed a revised Chapter 11 plan with a Delaware bankruptcy court, saying after talks with tort claimants it is willing to pledge up to $250 million, double its previous contribution, to a settlement trust for sexual abuse survivors.
May 19, 2021
Counsel representing the Boy Scouts of America and its tort claimants squared off Wednesday before a Delaware bankruptcy judge over whether the time has come to allow alternatives to the organization's proposed Chapter 11 plan.
May 17, 2021
The Boy Scouts of America have doubled down just ahead of a crucial Chapter 11 disclosure hearing on warnings that their preferred Delaware bankruptcy reorganization plan offers the only alternative to protracted sexual abuse claim litigation, local council bankruptcies and sinking memberships in some regions.
May 13, 2021
A Boy Scouts of America liability insurer has accused sexual abuse claimants' attorneys of herding unverified abuse claims into the organization's Chapter 11 by offering bonuses to workers who enroll claimants and pushing for payments to those who vote in favor of the Scouts' reorganization plan.
April 30, 2021
The Boy Scouts of America are asking a Delaware bankruptcy judge to deny a request by tort claimants to allow them to try and recategorize $350 million in intercompany debt, saying they don't have any claims worth pursuing.
April 16, 2021
Hartford Financial Services Group announced Friday that the insurance company has agreed to pay $650 million to resolve sexual abuse claims in Delaware bankruptcy court related to the Boy Scouts of America scandal.