Boy Scouts of America files for bankruptcy after sex abuse lawsuits
https://www.foxnews.com/us/boy-scouts-of-america-files-for-bankkruptcy-after-sex-abuse-lawsuits
Quite a sorry state of affairs
https://www.foxnews.com/us/boy-scouts-of-america-files-for-bankkruptcy-after-sex-abuse-lawsuits
Quite a sorry state of affairs
The Boy Scouts of America (BSA) filed for Chapter 11 bankruptcy protection early Tuesday after decades of sexual abuse claims within one of the country's largest youth organizations.
The petition, filed in Delaware bankruptcy court, halts the hundreds of lawsuits the BSA is facing that allege sexual misconduct by people within the 110-year-old organization over the years.
Sexual abuse settlements had reportedly strained the Boy Scouts' finances, with states passing laws last year so victims from long-ago abuse can sue for damages.
Mike Pfau, an attorney whose firm was representing 300 victims in New York as of last April, said the bankruptcy would be "bigger in scale than any other sex abuse bankruptcy."