USA Gymnastics to Pay $425 Million to Settle Sexual Abuse Cases
U.S.A. Gymnastics and a court-appointed committee representing sexual abuse victims of Lawrence G. Nassar, the former national team doctor, filed a joint plan on Tuesday that would allow the federation to emerge from bankruptcy and would include a $425 million settlement with those in the sport who were victims of abuse.
The plan, submitted to the U.S. Bankruptcy Court for the Southern District of Indiana, would end the onslaught of Nassar-related lawsuits against the federation and would compensate the 500 or so gymnasts — including Olympians like Simone Biles and Aly Raisman — involved in the proceedings who say they have been harmed by someone in the sport.
TriMark Legal Funding provides non-recourse pre-settlement and post-settlement sexual abuse lawsuit funding and cash advances on Catholic church sexual abuse cases for injured plaintiffs nationwide.
This post originally appeared here: https://www.nytimes.com/2021/09/01/sports/olympics/usa-gymnastics-payout-sexual-abuse.html
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