The Boy Scouts of America mentioned Friday it’s hoping to reach a settlement this summer with attorneys representing the majority of the 84,000 sexual abuse victims who stepped forward to file claims towards the group.
Overnight, the Boy Scouts filed a brand new proposal with the chapter courtroom in Wilmington, Delaware.
Under the proposal, the Boy Scouts would pay $250 million in “cash, property, and other assets” to fund a belief for survivors, whereas native councils would contribute at the least $500 million to the belief, with at the least $300 million of that in money.
Both the nationwide group and the native councils, which aren’t themselves in chapter, would additionally contribute their insurance coverage rights to the belief.
In return, the native councils could be shielded from some other allegations, the Boy Scouts mentioned in a press release.
A spokesperson for the Boy Scouts informed The Post that it hopes the deal will likely be confirmed this summer and clear the 111-year-old group to emerge from chapter this fall.
But any proposed settlement is topic to a vote by survivors and requires approval by the chapter courtroom to take impact.
The spokesperson for the Boy Scouts mentioned the most recent proposal is the results of “intensive mediation with all stakeholders involved in our Chapter 11 case, including the Coalition of Abused Scouts for Justice, which represents a large majority of claimants” and different teams.
Lawyers who signify the Coalition of Abused Scouts for Justice declined to remark. And representatives for one more group of victims, the Tort Claimants Committee, didn’t return The Post’s request for remark.
The new proposal comes after the Wall Street Journal reported that the Boy Scouts and the attorneys representing a lot of the victims are shut to agreeing to a sufferer compensation framework.
“This amended Plan marks a significant step toward a global resolution of past abuse claims. It incorporates a number of updates following constructive mediation, which we believe will garner significant support for confirmation,” the spokesperson for the Boy Scouts mentioned. “Importantly, the BSA is hopeful that this Plan, or one very similar to it, will have the support of a supermajority of survivors.”
A deal would clear a path out of chapter for the Boy Scouts, which filed for bankruptcy protection in February 2020 amid mounting authorized prices from defending itself towards lawsuits alleging sexual abuse of boys.
It’s the most important chapter case ever filed over childhood abuse, and dwarfs the variety of claims made towards different organizations, together with the Catholic Church.
Reports of sexual misconduct by staff and volunteers have plagued the Boy Scouts for years, nevertheless it wasn’t till final 12 months that the scope of the allegations grew to become clear in courtroom.
After studying of allegations in Michigan, state Attorney General Dana Nessel introduced the primary statewide legal investigation into the Boy Scouts earlier this month.
Even if the Boy Scouts reach a civil settlement with attorneys representing the abuse victims, the group may face extra legal probes from different states that comply with Michigan’s lead, some authorized specialists have mentioned.