SurvivingScouting.org
Boy Scouts Bankruptcy Filed
Feb 18th, 2020

 

AS STATED IN THE BOY SCOUTS CHAPTER 11 BANKRUPTCY PLAN

OVERVIEW

• There are 82,209 Child Sex Abuse Survivors that are Claimants.

• The Boy Scouts will pay less than 10% ($219 Million) of the $2.46 Billion bankruptcy plan. The rest will be paid by insurance companies and Councils.

• The Boy Scouts will pay more to their attorneys (>$300 Million) than to the Survivors ($219 Million).

CLAIMS

• At the least 164,667 Boy Scouts Child Sex Abuse CLAIMS have been confirmed to have been filed throughout their existence.

82,458 TOTAL CLAIMS BEFORE the Boy Scouts filed for Bankruptcy February 18th, 2020.

82,209 ADDITIONAL CLAIMS IN the Boy Scouts Bankruptcy filed February 18th, 2020 and before the deadline November 16, 2020.

11,000 ADDITIONAL FUTURE CLAIMS projected during Boy Scouts Bankruptcy hearings that will be from current Boy Scouts members and those that didn't before the bankruptcy deadline.

COUNCILS

• There are 254 Councils.

Councils have a total of 82,209 Claims.

TOTAL CLAIM VALUES are $8,496,321,125 to $38,846,098,870

• The Councils Total Contribution will be only $500,712,365.

• The Councils have Total Net Assets of $1,803,482,401.

CHARTERS

• There are tens of thousands of churches, schools, and several other entities that are Charters.

• Liability releases for these non-debtor third parties in the bankruptcy plan, potentially extending to tens of thousands of entities, is unprecedented, and part of what makes this a landmark bankruptcy if settled as currently proposed.

VOTES

• ONLY 58.95% ACCEPTED by ALL CLAIMANTS

• 31.22% DID NOT VOTE

• 41.05% REJECTED or DID NOT VOTE

• 7,487 Elected EXPEDITED DISTRIBUTION

• ONLY 85.72% ACCEPTED by those that VOTED

Boy Scouts
of America

Child Sex Abuse

Bankruptcy Voting Results


ONLY 58.95%
ACCEPTED BY
ALL CLAIMANTS
31.22%
DID NOT VOTE
41.05%
REJECTED
OR DID NOT VOTE
7,487
ELECTED
EXPEDITED DISTRIBUTION
ONLY 85.72%
ACCEPTED BY
THOSE THAT VOTED

Leave No Trace

A Hidden History of the Boy Scouts
"From the Academy Award nominee Irene Taylor and
Academy Award winners Brian Grazer & Ron Howard."
Only on Hulu June 16, 2022.

Boy Scout's Honor

"The Boy Scouts of America have been harboring pedophiles within their ranks for decades.
Aaron Averheart uncovers the truth about his own abuse and the thousands of others who have suffered."
Streaming Online December 13th 2022.

Resources


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