Boy Scouts File for Bankruptcy Due to Sex-Abuse Lawsuits

Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America has filed for bankruptcy protection in hopes of working out a potentially mammoth victim compensation plan.

  • Published 17 February 2020

Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America filed for bankruptcy protection Tuesday in hopes of working out a potentially mammoth victim compensation plan that will allow the hallowed, 110-year-old organization to carry on. The Chapter 11 filing in federal bankruptcy court in Wilmington, Delaware, sets in motion what could be one of the biggest, most complex bankruptcies ever seen. Scores of lawyers are seeking settlements on behalf of several thousand men… Read at AP News