CHAPTER 11

Boy Scouts of America Files for Bankruptcy Due to Sex-Abuse Lawsuits

The BSA said it is encouraging all victims to come forward to file a claim.

Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America filed for bankruptcy protection Tuesday in hopes of working out a potentially mammoth victim compensation plan that will allow the hallowed, 110-year-old organization to carry on. The Chapter 11 filing in federal bankruptcy court in Wilmington, Delaware, sets in motion what could be one of the biggest, most complex…

Gymboree to Close at West Acres

The Gymboree Corp. plans to close 350 stores around the country

  FARGO, ND — Another store is set to close in West Acres Mall. Gymboree is the latest store to announce its closure. The Gymboree Corp. plans to close 350 stores around the country. The children’s store filed for Chapter 11 bankruptcy protection in June. Over a dozen stores have closed in the shopping center in the past year and…