Boy Scouts File Chapter 11 Bankruptcy

Source: Wikipedia


By Warren Cole Smith - Posted at Ministry Watch:

The Boy Scouts of America filed for bankruptcy protection early today.

The long-anticipated move is the latest in a long series of legal and financial troubles for the youth organization. The Chapter 11 filing took place in Delaware Bankruptcy Court overnight.

In 2010, the Boy Scouts lost a $20-million child sexual abuse case, and that case revealed the existence of a so-called “perversion file,” a list of who were barred from being Scout leaders. However, critics of the Boy Scouts say that list was not made available to local councils. That failure resulted in the sexual abuse of yet more boys. Today, the BSA faces dozens of lawsuits, with many more likely on the way. These cases could result in hundreds of millions of dollars in damages against the BSA.

Tim Kosnoff, an attorney who has tried thousands of child abuse cases, including many against the Boy Scouts and the Catholic Church, told USA Today: “They’re going into bankruptcy not because they don’t have the money. They’re going into bankruptcy to hide … a Mount Everest in dirty secrets.”

Comments

Popular Posts