April 19, 2023
The Boy Scouts of America's Chapter 11 plan went into effect Wednesday after the Third Circuit denied motions from dissenting groups of insurance providers and sexual abuse claimants to stay the plan pending their appeals.
April 14, 2023
The Coalition of Abused Scouts for Justice said Friday that it has reached a consensus on its proposal to get its fees paid in Boys Scouts of America's Chapter 11 case, arguing that the coalition played a key role in reaching the restructuring plan, which includes a $2.5 billion settlement.
April 03, 2023
Insurers that contested the Chapter 11 plan of the Boy Scouts of America have filed a motion to stay the implementation of the plan, which calls for the creation of a $2.5 billion settlement fund for 82,000 victims of childhood sexual abuse, saying they should have a chance to appeal to the Third Circuit before the plan goes into effect.
March 28, 2023
A Delaware federal judge upheld the Chapter 11 plan of the Boy Scouts of America on Tuesday, saying he found no fault with a bankruptcy court's order channeling more than 82,000 claims of childhood sexual abuse to a $2.5 billion settlement trust, and that the appealing insurance companies had not shown any clear error in the plan's confirmation.
March 15, 2023
Insurers and victims groups challenging the Boy Scouts of America's Chapter 11 plan are balking at its proposal to spend nearly $4 million on a settlement trust while their appeal at U.S. District Court is still pending, and are asking a Delaware bankruptcy judge to deny the request.
February 10, 2023
Sex abuse claimants appealing the Boy Scouts' Chapter 11 plan told a Delaware federal judge Friday that the release of claims against non-debtor third-parties should not have been approved because abuse survivors didn't have their claims paid in full.
February 09, 2023
Attorneys representing insurers appealing the Chapter 11 plan of the Boy Scouts of America argued Thursday that the plan wasn't proposed in good faith and impermissibly alters the insurers' rights under the policies they issued to the organization to cover sexual abuse liability.
December 21, 2022
The Boy Scouts of America's Chapter 11 plan "was the result of an egregiously flawed process," insurers that oppose the plan told a Delaware federal judge Wednesday, arguing that the court should overturn a bankruptcy court's confirmation of the plan.
December 08, 2022
The Boy Scouts of America's Chapter 11 plan was proposed in good faith and is fair and equitable to survivors of sexual abuse, its supporters said in court filings Wednesday, urging a Delaware federal court to uphold a bankruptcy court's confirmation of the plan.
November 08, 2022
A group of 15 insurers Monday asked a Delaware district judge to overturn the Boy Scouts of America's Chapter 11 plan, saying the Scouts had been "strong-armed" by tens of thousands of dubious sexual abuse claims into granting a windfall to mass tort lawyers at their expense.