Attorneys for the Boy Scouts of America are postponing a key bankruptcy hearing that was scheduled to start next week following a court ruling that casts uncertainty on the future of the caseWhat happened to the Boy Scouts of America’s $2 billion settlement?
The Boy Scouts of America’s plan to emerge from bankruptcy with a $2.7-billion settlement suffered a major setback this week, but the youth group and lawyers for thousands of men who were sexually abused in the ranks say they will continue to work toward a deal.How long will the Boy Scouts court hearing last?
The hearing is expected to last several days. It began with attorneys arguing over a host of issues, mostly involving the 251 local Boy Scouts councils, which run day-to-day operations of the organization, and chartered organizations such as churches and civic groups that sponsor local troops.Can BSA survivors change their vote on bankruptcy plan?
Meanwhile, mediation between BSA and opponents of the plan is ongoing. Survivors can change their votes until a Feb. 22 hearing on the deal before U.S. Bankruptcy Judge Laurie Selber Silverstein in Delaware, who must sign off on the deal.