Boy Scouts of America

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Case overview

Case Number:

1:20-bk-10343

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

March 30, 2022
Insurer Expert Raises Concerns About Scouts' Ch. 11 Trust

A trust governance expert testified Wednesday during the Chapter 11 plan confirmation trial of the Boy Scouts of America that the structure of a $2.7 billion settlement trust created a situation where parties with specific financial interests could exercise control over the fund.
March 29, 2022
Psychologist Questions Validation Of Scouts Abuse Claims

A child developmental psychologist testified Tuesday in the Chapter 11 confirmation trial of the Boy Scouts of America that the procedures in place to validate more than 82,000 claims against the organization alleging childhood sexual abuse were inadequate to assess whether the claims are reliable or fraudulent.
March 28, 2022
Scouts Adviser Says Insurers Required Releases In Ch. 11

A restructuring adviser retained by the Boy Scouts of America testified Monday in Delaware bankruptcy court that the four insurance companies contributing to a $2.7 billion sex abuse claim settlement fund would only have done so with releases in the Boy Scouts' Chapter 11 plan that fully resolve the insurers' liabilities.
March 23, 2022
Survivor Details New Protection Policies In Scouts' Ch. 11

A member of the survivor working group that negotiated with the Boy Scouts of America for new youth protection policies told a Delaware judge that he supports the debtor's Chapter 11 plan with the measures in place, and would allow his grandchildren to participate in scouting despite his own horrific abuse.
March 22, 2022
Expert Says Most Claims Worthless Outside Of Scouts Ch. 11

A sex abuse claim valuation expert called to testify by the Boy Scouts of America told a Delaware bankruptcy judge Tuesday that most of the 82,000 claims filed in the organization's Chapter 11 case would be essentially worthless in the tort system but will still receive compensation under the bankruptcy plan.
March 21, 2022
Boy Scouts Expert Backs Up $250M Ch. 11 Deal With Mormons

A sex abuse claim valuation expert testified Monday in the ongoing Chapter 11 confirmation trial of the Boy Scouts of America, supporting a $250 million settlement the organization reached last year with entities associated with The Church of Jesus Christ of Latter-day Saints, once the largest bloc of Scouting groups in the country.
March 18, 2022
Boy Scouts Reach Ch. 11 Deal With Roman Catholic Groups

The Boy Scouts of America announced a Chapter 11 settlement with an ad hoc group of Roman Catholic entities Friday, telling a Delaware bankruptcy judge that the deal resolves the group's objections to the debtor's proposed plan to deal with thousands of childhood sexual abuse claims.
March 17, 2022
Abuse Claimants Rep Says Scouts Ch. 11 Plan Brings Closure

A member of the committee appointed to represent the interests of sex abuse claimants in the Chapter 11 case of the Boy Scouts of America told a Delaware bankruptcy judge Thursday that he believes the proposed $2.7 billion settlement fund is the best option for survivors to get recoveries and closure.
March 16, 2022
Scouts Say Ch. 11 Trust's Rules Mirror Abuse Tort System

A witness for the Boy Scouts of America testified during the organization's Chapter 11 confirmation trial Wednesday that the procedures to distribute $2.7 billion in settlement funds to sex abuse claimants were designed to closely mirror the rules for pursuing a claim in the tort system.
March 15, 2022
Boy Scouts Defense Lead Surprised By Abuse Claim Numbers

The attorney who coordinated the national defense strategy of the Boy Scouts of America before its bankruptcy testified Tuesday in Delaware bankruptcy court that he was surprised that more than 80,000 sex abuse claims were filed in the Chapter 11 case when only about 350 lawsuits had been filed prepetition.

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