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Boy Scouts of America

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Case Number:

1:20-bk-10343

Court:

Delaware

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  1. September 02, 2022

    Sears, Boy Scouts Each Move Closer To Ch. 11 Resolutions

    The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.

  2. September 01, 2022

    Boy Scouts Clear Path To Ch. 11 Plan Confirmation

    A Delaware bankruptcy judge agreed to approve the amended Chapter 11 plan of the Boy Scouts of America on Thursday, after asking for some changes to the proposed order that will confirm the debtor's $2.5 billion settlement plan with sexual abuse survivors.

  3. August 24, 2022

    Insurers Unmoved By Boy Scouts' Proposed Ch. 11 Changes

    Insurance companies that have objected to the Boy Scouts of America's Chapter 11 plan reiterated their opposition on Wednesday, telling a Delaware bankruptcy judge that the proposed changes to the plan don't address underlying flaws that affect the insurers' rights.

  4. August 15, 2022

    Boy Scouts Nix $250M Mormon Church Deal From Ch. 11 Plan

    The Boy Scouts of America asked a Delaware bankruptcy judge Friday to amend its proposed $2.7 billion abuse claim settlement trust proposal to scrap a $250 million settlement with the Mormon Church, which the judge took issue with for potentially including abuse claims unrelated to Scouting.

  5. August 11, 2022

    Boy Scouts To Submit Modified Ch. 11 Plan After Opinion

    The Boy Scouts of America said Thursday it intends to submit a modified plan by the end of the week that addresses issues raised by a Delaware bankruptcy judge in a lengthy opinion that approved the bulk of its $2.7 billion abuse claim settlement trust proposal.

  6. August 05, 2022

    Scouts' Plan Mostly Approved, Jones Hit With $50M Verdicts

    The Boy Scouts of America got a court's nod for the linchpin of its $2.7 billion Chapter 11 plan, the defamation damages trial of conspiracy theorist Alex Jones and his bankrupt media enterprise resulted in nearly $50 million in damages, and customers of cryptocurrency platform Voyager Digital can withdraw their cash from custodial accounts. This is the week in bankruptcy.

  7. July 29, 2022

    Boy Scouts Get Approval For $2.7B Abuse Settlement Fund

    A Delaware bankruptcy judge on Friday approved major parts of the Chapter 11 plan proposed by the Boy Scouts of America to deal with more than 80,000 claims of childhood sexual abuse, including the creation of a $2.7 billion settlement fund, but said there were some issues still to be resolved before the plan can be confirmed.

  8. April 26, 2022

    Week In Bankruptcy: InfoWars' Shaky Start, Releases Still Roil

    Alex Jones moved three holding companies into bankruptcy last week to shield his intellectual property from defamation suits, immediately drawing the ire of the Sandy Hook families that sued him for defamation, the Office of the U.S. Trustee and the judge overseeing the cases; the U.S. trustee continued its national crusade against non-consensual third-party releases; and mass tort cases chugged along. This is the week in bankruptcy.

  9. April 22, 2022

    Boy Scouts Can Sell $13.5M Warehouse To Pad Survivor Fund

    The Boy Scouts of America on Friday won a Delaware bankruptcy court's blessing of a warehouse sale and leaseback plan that will place $13.5 million into the compensation fund for the child sex abuse claims underpinning the organization's Chapter 11 case.

  10. April 13, 2022

    Boy Scouts Say Without Ch. 11 Deals, Survivors To Get Little

    The Boy Scouts of America defended its Chapter 11 plan Wednesday, telling a Delaware bankruptcy judge that if it hadn't reached a global resolution of sexual abuse claims with its local councils that created a $2.7 billion trust fund, survivors would have received relative crumbs and been left to fight out their claims in the tort system.

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