The Boy Scouts of America (BSA) has filed for bankruptcy over sex abuse claims. Learn more here:
... [+]: The Boy Scouts of America has filed for Chapter 11 bankruptcy so that it can fund a string of lawsuits surrounding alleged child sex abuse stretching more than 70 years.
The BSA announced on Tuesday that the filing would allow them to create a Victims Compensation Trust, after the emergence of hundreds of lawsuits accusing Scout leaders of molesting former Scouts. Most of the cases, representing thousands of men, allege abuse between the 1960s and 1980s. BSA could be made to sell off some property and campgrounds to fund the trust. The 110-year-old organization said the filing would allow it to keep Scouting programsBSA CEO Roger Mosby said: “The BSA cares deeply about all victims of abuse and sincerely apologizes to anyone who was harmed during their time in Scouting. We are outraged that there have been times when individuals took advantage of our programs to harm innocent children.
Civil lawsuits are now on hold as a result of the filing, which was made in Delaware. Victims will now have to file their claims in bankruptcy court, instead of at a jury trial, lawyer Michael PfauCourt testimony out last year revealed that the BSA believed 7,800 of its leaders were involved in sexually abusing children over the span of 72 years.
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