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:

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.
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.
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.
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.
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.
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.
April 12, 2022
Guam Claimants Ask To Be Cut From Scouts' Ch. 11 Releases

Survivors of sexual abuse with claims against a bankrupt Catholic diocese in Guam argued Tuesday that they should be exempted from releases of third-party claims against non-debtors in the Boy Scouts of America's Chapter 11's plan, saying such releases were unnecessary and unjustifiable.
April 11, 2022
Guam Survivors Say They're Worse Off In Scouts Ch. 11 Plan

Survivors with sex abuse claims against the Catholic archdiocese on Guam told a Delaware bankruptcy judge Monday that the proposed Chapter 11 plan of the Boy Scouts of America would extinguish their claims against the Guamanian church organization via third-party releases and impact their potential recoveries.
April 07, 2022
Boy Scouts Say Insurers' Ch. 11 Stance Imperils Org.'s Future

Attorneys for the bankrupt Boy Scouts of America told a Delaware judge Thursday that if insurers objecting to its proposed Chapter 11 plan had their way, the organization would likely fold and thousands of survivors of sexual abuse would have no recourse for recoveries, as the two parties battled over confirmation of the plan.
April 06, 2022
Boy Scouts Ch. 11 Plan Arguments Focus On Legal Standards

The first day of closing arguments in the Chapter 11 plan confirmation trial of the bankrupt Boy Scouts of America featured extensive questioning from the presiding judge about what legal standards should be applied in considering the plan centered on a $2.7 billion settlement fund for sex abuse claimants.

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