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 19, 2021
Boy Scouts Ch. 11 Judge OKs $850M Victims Settlement Pool

A Delaware bankruptcy judge allowed the Boy Scouts of America to move ahead Thursday with an $850 million piece of a restructuring agreement aimed at resolving tens of thousands of sexual abuse claims, while leaving unsettled a dispute over a major insurer's proposed $650 million payout cap.
August 17, 2021
Insurers Call Boy Scouts Del. Ch. 11 Schedules Unworkable

A troop of insurers challenged on Tuesday timetables and disclosures for confirmation of a Boy Scouts of America Chapter 11 reorganization in Delaware, saying current plans for the massively complex case are outdated, premature and unrealistic.
August 16, 2021
Insurer Warns Scouts' Del. Ch. 11 Deal Could Backfire Badly

An insurance company attorney warned Monday that the Boy Scouts of America's current Delaware bankruptcy plan threatens to produce a multibillion-dollar Chapter 11 insolvency while also upending decades of precedent on fiduciary duties and debtor escapes from contracts.
August 13, 2021
Insurers Press Boy Scouts On Groups Left Out Of Ch. 11 Deal

An insurer's attorney pressed a member of Boy Scouts of America's National Executive Board on Friday on risks that a Delaware bankruptcy court restructuring and settlement of sexual abuse claims will leave tens of thousands of separately chartered troops financially isolated.
August 12, 2021
Boy Scouts In Talks To Bring Troop Sponsors Into Ch. 11 Deal

The restructuring adviser for the Boy Scouts of America testified in Delaware bankruptcy court Thursday that the debtor has begun talks with the hundreds of organizations that sponsor individual scouting troops to try to bring them into an $850 million settlement it has already reached with a large group of abuse victims.
July 29, 2021
Boy Scouts' Ch. 11 Settlement Clouded By Claimant Atty Issue

The Boy Scouts of America told a Delaware bankruptcy judge Thursday that 70,000 sex abuse survivors have signed on to an $850 million deal to restructure the organization, but disputes among three law firms representing a quarter of those claimants could imperil the proposal.
July 23, 2021
Claimants, Insurers, Others Blast Boy Scout Abuse Deal

Sexual abuse claimants, insurers, churches and others are asking the Delaware bankruptcy judge overseeing the Boy Scouts of America's Chapter 11 case to reject its proposed $850 million abuse settlement, claiming the deal would leave them facing unjust burdens.
July 21, 2021
Boy Scouts Keep At Mediation In Hope Of Broader Ch. 11 Deal

Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Wednesday that the organization was continuing with negotiations and mediation effort among sexual abuse survivors claimants and its local scouting organizations in hopes of reaching a global settlement.
July 16, 2021
Bankruptcy Cases To Watch In The Second Half Of 2021

Though the pace of new bankruptcy cases slowed in the first half of 2021, the proceedings of large and complex cases continue to wind their way through the nation's insolvency courts. Here, 麻豆传媒360 gives a preview of what to expect for the remainder of 2021 in significant pending cases.
July 07, 2021
Still No Consensus On Abuse Claims In Boy Scouts Ch. 11

A Delaware bankruptcy judge Wednesday delayed the hearing on the Boy Scouts of America's Chapter 11 plan disclosure until August after hearing insurers and Scout troop sponsors say they lacked a consensus on how to handle abuse claims.

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