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Boy Scouts File for Bankruptcy as a Result of Declining Membership and Sexual Abuse Lawsuits

On Tuesday, February 18, 2020, The Boy Scouts of America filed for Chapter 11 bankruptcy protection in order to stay running as thousands of sexual abuse claims from former members pile up against the youth organization in the courts.

The organization initiated its bankruptcy proceedings in Delaware on Tuesday morning, per court documents. Consequently, all civil suits filed against the youth organization will be suspended, according to a CNN report.

The organization will likely still have to pay victims throughout the bankruptcy proceedings, but it will not have to go through the arduous jury trial process in certain states.

“The BSA cares deeply about all victims of abuse and sincerely apologizes to anyone who was harmed during their time in Scouting. We are outraged that there have been times when individuals took advantage of our programs to harm innocent children,” Roger Mosby, the Boy Scouts’ president and chief executive officer, announced in a statement Tuesday.

Read the full story from Big League Politics

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