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Boy Scouts seek bankruptcy under wave of new sex abuse lawsuits

The Boy Scouts of America, one of the nation’s oldest and largest youth organizations, filed for bankruptcy protection late Monday as former Scouts’ legal claims of past sexual abuse continue to mount. The Scouts’ Chapter 11 petition, filed in Bankruptcy Court in Delaware, comes amid declining membership and a wave of new sex-abuse lawsuits after…

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Boy Scouts of America files for bankruptcy due to sex-abuse lawsuits

Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America filed for bankruptcy protection Tuesday in hopes of working out a potentially mammoth victim compensation plan that will allow the hallowed, 110-year-old organization to carry on. The Chapter 11 filing in federal bankruptcy court in Wilmington, Delaware, sets in motion what could be one…

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Facing a Wave of Sex-Abuse Claims, Boy Scouts of America Files for Bankruptcy

The nonprofit group, which counts more than two million youth participants, follows Catholic dioceses and U.S.A. Gymnastics in seeking bankruptcy protection amid sex-abuse cases. The Boy Scouts of America, an iconic presence in the nation’s experience for more than a century, filed for bankruptcy protection early Tuesday, succumbing to financial pressures that included a surge…

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Camping tents

Boy Scouts Of America Files For Bankruptcy Over Sex Abuse Claims

The Boy Scouts of America (BSA) has filed for Chapter 11 bankruptcy so that it can fund a string of lawsuits surrounding alleged child sex abuse stretching more than 70 years. The BSA announced on Tuesday that the filing would allow them to create a Victims Compensation Trust, after hundreds of lawsuits accuse scout leaders…

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People around camp fire

Boy Scouts of America file for bankruptcy

The Boy Scouts of America, rocked by scandal and steadily declining membership, filed for Chapter 11 bankruptcy early Tuesday morning. The move had been rumored for months, with the BSA facing roughly 300 lawsuits alleging sexual abuse by adult volunteers. Still, in a country largely shaped by Boy Scouts, it’s a storyline few would have…

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Camp grounds overlooking lake

Boy Scouts files Chapter 11 bankruptcy in the face of thousands of child abuse allegations

Boy Scouts of America filed for bankruptcy protection early today amid declining membership and a drumbeat of child sexual abuse allegations that have illuminated the depth of the problem within the organization and Scouts’ failure to get a handle on it. After months of speculation and mounting civil litigation, the Chapter 11 filing by the scouting organization’s national body was unprecedented…

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