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…
