Boy Scouts of America reaches pivotal agreement with victims
Source: AP
DOVER, Del. (AP) — The Boy Scouts of America have reached an agreement with attorneys representing some 60,000 victims of child sex abuse in what could prove to be a pivotal moment in the organization’s bankruptcy case.
Attorneys for the BSA filed court papers late Thursday outlining a restructuring support agreement, or RSA, with attorneys representing abuse victims. The agreement includes both the official tort claimants committee, which is charged with acting as a fiduciary in the bankruptcy case for all abuse victims, as well as a separate plaintiffs group called the Coalition of Abused Scouts for Justice. It also includes attorneys representing local Boy Scouts councils and lawyers appointed to represent victims who might file future claims.
“After months of intensive negotiations, the debtors have reached resolution with every single official and major creditor constituency in these Chapter 11 cases,” BSA attorneys wrote.
The agreement signals the BSA’s acknowledgment that the gulf between attorneys representing abuse victims and those representing the BSA’s insurers is currently too broad to be resolved. They may very well be left to resolve their differences in future court battles, a prospect that the BSA had sought to avoid.
Read more: https://apnews.com/article/boy-scouts-of-america-business-d945e210108b8af1b593c43910aae4c7
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