Boy Scouts' Ch. 11 Settlement Clouded By Claimant Atty Issue
By Vince Sullivan (July 29, 2021, 4:24 PM EDT) -- The Boy Scouts of America told a Delaware bankruptcy judge Thursday that 70,000 sex abuse survivors have signed on to an $850 million deal to restructure the organization, but disputes among three law firms representing a quarter of those claimants could imperil the proposal.
During a hearing conducted virtually, debtor attorney Jessica Lauria of White & Case LLP said additional joinders backing the proposed restructuring support agreement, or RSA, hit the docket Wednesday, the day originally envisioned as the deadline for court approval of the agreement, bringing the number of pledges up to 70,010.
"We had a long day yesterday but...
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