Keyword Analysis & Research: boy scouts bankruptcy 2021

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Why did the Boy Scouts of America go bankrupt?

The Boy Scouts, based in Irving, Texas, sought bankruptcy protection in February 2020, seeking to halt hundreds of individual lawsuits and create a fund for men who say they were sexually abused as children. Although the organization was facing 275 lawsuits at the time, it’s now facing more than 82,000 sexual abuse claims in the bankruptcy.

What is the settlement in the Boy Scouts of America case?

DOVER, Del. (AP) — Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute $800 million into a fund for victims of child sexual abuse.

Will sexual abuse survivors vote on Boy Scouts'restructuring plan?

The Boy Scouts of America bankruptcy case has reached a critical step: Sexual abuse survivors are being asked to vote on the organization's restructuring plan. A two-thirds majority is needed to pass. If survivors vote in favor of the plan, it will be evaluated by Judge Laurie Selber Silverstein at hearings in January.

What's new at Boy Scouts of America?

A Child Protection Committee with abuse survivors will be established. Boy Scouts must present its youth protection program, along with proposed changes, to the committee for three years.

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