Boy Scouts Draw Plan to Settle With Sex-Abuse Victims, Exit Bankruptcy. Here’s What We Know.

Boy Scouts Draw Plan to Settle With Sex-Abuse Victims, Exit Bankruptcy. Here’s What We Know.



Category: Sexual Abuse

The Boy Scouts of America is pushing to exit bankruptcy after seeking chapter 11 protection last year from sex-abuse claims. The bankruptcy case, which spotlighted past failures by the organization to protect children, may be nearing its end as a settlement offer gains momentum. The youth group has said it needs to make peace with sex-abuse victims for its mission to survive.
 
Here’s what you should know about the chapter 11 case, the largest ever filed over sexual abuse, and what could happen next.
 
Sex-abuse claims dogged the Boy Scouts for years, especially after a court-ordered release in 2012 of internal files on reports of abuse by volunteers. The youth group turned to bankruptcy when states including New York, New Jersey and California suspended statutes of limitations on abuse claims, opening the door to lawsuits alleging childhood trauma regardless of when it happened.

Continue reading...

See the full, original post here: https://www.wsj.com/articles/the-boy-scouts-bankruptcy-case-what-to-know-11630062000


About TriMark Legal Funding

TriMark Legal Funding was founded in 2003 and is one of America's oldest nationwide lawsuit settlement funding companies. TriMark provides settlement loans and post settlement cash advances (frequently referred to as "lawsuit settlement loans") to injured plaintiffs on hundreds of different types of personal injury lawsuits, employment litigation, workplace injury, and workers compensation lawsuits, and much more. We also provide legal fee funding for attorneys.

Personal Injury Lawsuit FundingSettlement Funding

Click here to see the original article.

* Word-Use Disclaimer

Legal funding is not a loan. It is the non-recourse purchase of an equitable lien in a plaintiffs’ legal claim. Words such as ‘loans,’ ‘lending,’ ‘borrow,’ etc., are used for search and marketing purposes only.
More info

TriMark Legal Funding LLC
1056 Green Acres Rd #102
Eugene, OR 97408