"The Chapter 11 bankruptcy process offers the opportunity for BSA to come up with a reorganization plan to meet its obligations to creditors, including Scouting abuse survivors, and to restructure itself so that it can come out of bankruptcy and continue operating.”
Abused in Scouting• FIRST, THE CHAPTER 11 BANKRUPTCY PROCESS MEANS THAT THE BANKRUPTCY COURT WILL SET A DEADLINE FOR FILING CLAIMS, APPROXIMATELY 6 MONTHS OR SO. THIS DEADLINE SEVERELY LIMITS SCOUTING ABUSE SURVIVORS' TIME TO FILE CLAIMS FOR THEIR ABUSE, SO COMING FORWARD NOW IS OF THE ESSENCE.
• ON MONDAY MAY 18, THE BANKRUPTCY COURT SET THE DEADLINE FOR FILING CLAIMS FOR NOVEMBER 16, 2020.
• SECOND, THE BANKRUPTCY FILING MEANS THAT TO REACH A SETTLEMENT WITH THE THOUSANDS OF SCOUTING ABUSE SURVIVORS ACROSS THE U.S., INDIVIDUAL SURVIVORS WILL NOT GET THEIR DAY IN COURT. HOWEVER, THE STREAMLINED NATURE OF SETTLEMENT PROCESS MAY MEAN ABUSE SURVIVORS WILL GET THE COMPENSATION THEY DESERVE MORE QUICKLY AND EFFICIENTLY THAN HAVING FUTURE INDIVIDUAL TRIAL DATES.
