April 12, 2022
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.
April 11, 2022
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.
April 07, 2022
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.
April 06, 2022
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.
March 31, 2022
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.
March 30, 2022
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.
March 29, 2022
A child developmental psychologist testified Tuesday in the Chapter 11 confirmation trial of the Boy Scouts of America that the procedures in place to validate more than 82,000 claims against the organization alleging childhood sexual abuse were inadequate to assess whether the claims are reliable or fraudulent.
March 28, 2022
A restructuring adviser retained by the Boy Scouts of America testified Monday in Delaware bankruptcy court that the four insurance companies contributing to a $2.7 billion sex abuse claim settlement fund would only have done so with releases in the Boy Scouts' Chapter 11 plan that fully resolve the insurers' liabilities.
March 23, 2022
A member of the survivor working group that negotiated with the Boy Scouts of America for new youth protection policies told a Delaware judge that he supports the debtor's Chapter 11 plan with the measures in place, and would allow his grandchildren to participate in scouting despite his own horrific abuse.
March 22, 2022
A sex abuse claim valuation expert called to testify by the Boy Scouts of America told a Delaware bankruptcy judge Tuesday that most of the 82,000 claims filed in the organization's Chapter 11 case would be essentially worthless in the tort system but will still receive compensation under the bankruptcy plan.