Boy Scouts of America

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Case Number:

1:20-bk-10343

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

September 22, 2021
Claimants, Insurers Say Too Little Info On BSA Ch. 11 Plan

Tort claimants and insurers told a Delaware bankruptcy judge Wednesday that the Boy Scouts of America have failed to adequately explain multiple parts of its proposed Chapter 11 plan, including nearly $1.4 billion in recent settlements and how troop sponsors will be treated.
September 21, 2021
Del. Judge Rejects Boy Scouts Ch. 11 Disclosure Delay

A Delaware bankruptcy judge opened a Tuesday hearing on the Boy Scouts of America's Chapter 11 disclosure statement by denying tort claimants' and insurance carriers' request for more time to study settlements the organization reached last week.
September 14, 2021
Hartford Ups Offer To $787M To End Boy Scouts Abuse Claims

Hartford Financial Services Group announced Tuesday that the insurance company has upped its proposed payout from $650 million to $787 million to resolve sexual abuse claims in Delaware bankruptcy court related to the Boy Scouts of America child abuse scandal.
August 23, 2021
Boy Scouts Victim Attys Seek Probe Of $1.3B Insurer Liability

A coalition of lawyers for alleged Boy Scouts victims of sexual abuse have urged a Delaware bankruptcy judge to order Century Insurance and Chubb Group to provide records on former affiliate policies and abilities to meet a $1.3 billion possible payout.
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a Boy Scouts of America Chapter 11 reorganization in Delaware, saying current plans for the massively complex case are outdated, premature and unrealistic.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.

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