Boy Scouts of America compensates sexual abuse victims and emerges from bankruptcy.
TL;DR
The Boy Scouts of America will pay out $2.4 billion from a Victims Compensation Trust to more than 82,000 survivors of sexual abuse as part of a settlement. The youth organization filed for bankruptcy in February 2020, when it was facing hundreds of sexual abuse lawsuits involving thousands of alleged abuse survivors. The settlement is the largest sexual abuse settlement fund in history. The Boy Scouts of America have since enacted a number of protocols to "act as barriers to abuse."
Topics:businesssociety#bankruptcy#boy-scouts-of-america#compensation#settlement#sexual-abuse#society
- Boy Scouts of America will begin to compensate sexual abuse victims from a $2.4 billion trust after emerging from bankruptcy CNN
- Boy Scouts exits Chapter 11 bankruptcy after $2.46B abuse settlement New York Post
- Boy Scouts Emerge From Bankruptcy After More Than Three Years The Wall Street Journal
- Boy Scouts bankruptcy plan in effect; appeals likely go on KPRC Click2Houston
- Boy Scouts of America emerges from Chapter 11 bankruptcy WHIO
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