The Boy Scouts have proposed a reorganization plan that fails to fully and fairly compensate the nearly 84,000 victims of sexual abuse who have filed claims against the BSA. The BSA’s proposed plan would grant to BSA local councils, such as the Greater New York Council, legal immunity from lawsuits for sexual abuse, without requiring the councils to contribute more than a small percentage of the $4 billion in property, cash and investments that the councils control.
The BSA’s proposed reorganization plan is outrageous, unfair and just plain wrong. Their preliminary plan offers an average of $6,100 to each victim, excluding the unknown value of the BSA’s available insurance.
Hurley McKenna & Mertz is leading the fight with the Tort Claimants Committee against the BSA’s clearly inadequate plan to compensate sexual abuse victims. Thousands of children entrusted to the Boy Scouts’ care were molested, abused, fondled and raped, stealing their precious youth and causing enormous damages in their lives and the lives of their families. Hurley McKenna & Mertz will continue to oppose the BSA’s preliminary reorganization plan, and, along with the Tort Claimants Committee, we will urge the Court to put in place a victims compensation system in this case that will fully and fairly require BSA and its local councils to compensate sexual abuse victims.
You can read more about this story here: https://www.wsj.com/articles/sex-abuse-victims-duel-with-boy-scouts-for-right-to-steer-bankruptcy-11617383922