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Boy Scouts of America
Case Number:
1:20-bk-10343
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Companies
- Everest Group Ltd.
- Arch Capital Group Ltd.
- Toronto-Dominion Bank
- Boy Scouts of America
- Girl Scouts of the United States of America
- CNA Financial Corp.
- Rock Creek Advisors LLC
- MNP LLP
- Pearson PLC
- Harper & Pearson Co.
- The Hartford Financial Services Group Inc.
- AXA XL Ltd.
- Allianz Global Corporate & Specialty SE
- AlixPartners LLP
- American International Group Inc.
- Berkeley Research Group LLC
- Old Republic Insurance Co.
- Ankura Consulting Group LLC
- JPMorgan Chase & Co.
- FTI Consulting Inc.
- Alvarez & Marsal Holdings LLC
- Liberty Mutual Insurance Group
- Willis Towers Watson PLC
- The Episcopal Church
- Synchrony Financial
- Lexington Insurance Co.
- Arrowpoint Capital
- Knights of Columbus USA Inc.
- Oracle Corp.
- KCIC LLC
- Zurich Insurance Group AG
- AT&T Inc.
- PricewaterhouseCoopers LLP
- Jones Lang LaSalle Inc.
Government Agencies
Sectors & Industries:
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July 29, 2022
Boy Scouts Get Approval For $2.7B Abuse Settlement Fund
A Delaware bankruptcy judge on Friday approved major parts of the Chapter 11 plan proposed by the Boy Scouts of America to deal with more than 80,000 claims of childhood sexual abuse, including the creation of a $2.7 billion settlement fund, but said there were some issues still to be resolved before the plan can be confirmed.
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April 26, 2022
Week In Bankruptcy: InfoWars' Shaky Start, Releases Still Roil
Alex Jones moved three holding companies into bankruptcy last week to shield his intellectual property from defamation suits, immediately drawing the ire of the Sandy Hook families that sued him for defamation, the Office of the U.S. Trustee and the judge overseeing the cases; the U.S. trustee continued its national crusade against non-consensual third-party releases; and mass tort cases chugged along. This is the week in bankruptcy.
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April 22, 2022
Boy Scouts Can Sell $13.5M Warehouse To Pad Survivor Fund
The Boy Scouts of America on Friday won a Delaware bankruptcy court's blessing of a warehouse sale and leaseback plan that will place $13.5 million into the compensation fund for the child sex abuse claims underpinning the organization's Chapter 11 case.
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April 13, 2022
Boy Scouts Say Without Ch. 11 Deals, Survivors To Get Little
The Boy Scouts of America defended its Chapter 11 plan Wednesday, telling a Delaware bankruptcy judge that if it hadn't reached a global resolution of sexual abuse claims with its local councils that created a $2.7 billion trust fund, survivors would have received relative crumbs and been left to fight out their claims in the tort system.
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April 12, 2022
Guam Claimants Ask To Be Cut From Scouts' Ch. 11 Releases
Survivors of sexual abuse with claims against a bankrupt Catholic diocese in Guam argued Tuesday that they should be exempted from releases of third-party claims against non-debtors in the Boy Scouts of America's Chapter 11's plan, saying such releases were unnecessary and unjustifiable.
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April 11, 2022
Guam Survivors Say They're Worse Off In Scouts Ch. 11 Plan
Survivors with sex abuse claims against the Catholic archdiocese on Guam told a Delaware bankruptcy judge Monday that the proposed Chapter 11 plan of the Boy Scouts of America would extinguish their claims against the Guamanian church organization via third-party releases and impact their potential recoveries.
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April 07, 2022
Boy Scouts Say Insurers' Ch. 11 Stance Imperils Org.'s Future
Attorneys for the bankrupt Boy Scouts of America told a Delaware judge Thursday that if insurers objecting to its proposed Chapter 11 plan had their way, the organization would likely fold and thousands of survivors of sexual abuse would have no recourse for recoveries, as the two parties battled over confirmation of the plan.
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April 06, 2022
Boy Scouts Ch. 11 Plan Arguments Focus On Legal Standards
The first day of closing arguments in the Chapter 11 plan confirmation trial of the bankrupt Boy Scouts of America featured extensive questioning from the presiding judge about what legal standards should be applied in considering the plan centered on a $2.7 billion settlement fund for sex abuse claimants.
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March 31, 2022
Litigation Expert Says Scouts Ch. 11 Strips Trial Rights
An expert in sexual abuse claim litigation testified Thursday in the Chapter 11 plan confirmation hearing of the Boy Scouts of America that the debtor's proposed plan would strip sex abuse claim defendants of rights they would have in the tort system.
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March 30, 2022
Insurer Expert Raises Concerns About Scouts' Ch. 11 Trust
A trust governance expert testified Wednesday during the Chapter 11 plan confirmation trial of the Boy Scouts of America that the structure of a $2.7 billion settlement trust created a situation where parties with specific financial interests could exercise control over the fund.