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Settlement Fund

All articles tagged with #settlement fund

Trump's $1.8B settlement fund attracts a crowded field of allies
politics12 days ago

Trump's $1.8B settlement fund attracts a crowded field of allies

A broad roster of Trump allies, including Jan. 6 defendants such as Mark McCloskey, George Santos and Rod Blagojevich, are already eyeing the Justice Department's new $1.8 billion settlement fund. The program, intended to compensate those charged or prosecuted, still lacks details on eligibility and how to apply, and its rollout has become a focal point in political and legal debates.

Federal judge affirms Boy Scouts' $2.4 billion bankruptcy plan.
law3 years ago

Federal judge affirms Boy Scouts' $2.4 billion bankruptcy plan.

A federal judge has upheld the Boy Scouts of America's $2.4 billion bankruptcy plan, which would allow the organization to continue operating while compensating tens of thousands of men who say they were sexually abused as children while involved in Scouting. More than 80,000 men have filed claims saying they were abused as children by troop leaders around the country. The plan's opponents say the staggering number of claims, when combined with other factors, suggest the bankruptcy process was manipulated.

Judge approves Boy Scouts' $2.4 billion bankruptcy plan.
law3 years ago

Judge approves Boy Scouts' $2.4 billion bankruptcy plan.

A federal judge has upheld a $2.4 billion bankruptcy plan for the Boy Scouts of America, which would allow the organization to continue operating while compensating tens of thousands of men who say they were sexually abused as children while involved in Scouting. More than 80,000 men have filed claims saying they were abused as children by troop leaders around the country. The plan's opponents say the bankruptcy process was manipulated, but the judge found no fault with the plan's initial approval. The bulk of the compensation fund would come from the Boy Scouts' two largest insurers, Century Indemnity and The Hartford.