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

 

Councils

As in the Boy Scouts Bankruptcy Plan

• 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.

Councils, As defined on the Boy Scouts website...

"A council is a voluntary association of citizens, including representatives of organizations that are chartered by the Boy Scouts of America, to promote the Scouting program within a geographic area. There are four major functions involved in achieving the purposes of a council: membership, fund development, program, and unit service. These four functions and all other responsibilities are accomplished in each council in a manner that is consistent with local conditions and circumstances."

Councils With 10 Most Claims

# Council Name State Claims
780 Michigan Crossroads MI 1458
640 Greater New York NY 1433
456 Pathway to Adventure IL 1256
33 Greater Los Angeles Area CA 1120
312 Greater St. Louis Area MO 778
23 Golden Gate Area CA 679
576 Sam Houston Area TX 667
227 Spirit of Adventure MA 601
307 Heart of America MO 571
590 Crossroads of the West UT 558

1: Total Claims Value Using TDP Values Max Matrix (High)
2: Total Claims Value Using TDP Values Base Matrix (Low)
3: Total Contribution (DSE x C)
4: Contribution to Claims Value % Max Matrix (High Value)
5: Contribution to Claims Value % Base Matrix (Low Value)
6: Unrestricted Net Assets (DS Ex D-1)
7: Unrestricted Net Assets to Claims Value % Max Matrix (High Value)
8: Unrestricted Net Assets to Claims Value % Base Matrix (Low Value)

Notes


All of the data on this document was included in the Court approved Amended Disclosure Statement for the Modified Fifth Amended Chapter 11 Plan of Reorganization (Docket No. 6445) beginning at page 425 of 441. The Debtors' response to Exhibit G is set forth on Exhibit G-1 to the Disclosure Statement at page 433.

According to the Debtors' claims expert, Bates White, there are 82,209 unique and timely sexual abuse claims filed against the Debtors' as reflected in the "Tranche 6" claims data. Of those claims, 41,750 list a Local Council that was associated with the sexual abuse. The Tort Claims' Committee used the 41,750 claims to determine the number of claims implicating each Local Council. It should be noted that the Tort Claims' Committee did not include claims that identify more than one Local Council. In addition, there are approximately 38,300 claims that do not identify a Local Council (even though it is impossible to be a scout and not have a Local Council). As a result, the 41, 750 listed is a very conservative number of claims given that each claim should be associated with a Local Council.

Under the Debtors' Plan, the evaluation and payment of claims is governed by the "Trust Distribution Procedures" ("TDP"). The TDP assigns a "Base Value" to each claim that corresponds to one of six (6) types of abuse and is set forth on pages 14-15 of the TDP. The Base Value of each claim is adjusted upward and downward by scaling factors set forth in the TDP. The value of a claim for each type of abuse is capped giving it a potential "Max Value" after the application of all applicable scaling factors. If a claim is subject to a statute of limitations defense, there is a range of scaling factors that are used to reduce the scaled value of the claim. The "Base Matrix Low" value of a claim is the "Base Value" of a claim reduced by the low-end range of the statute of limitation scaling factor without the application of any other potential scaling factors. The "Max Matrix High" value of a claim is the "Max Value" of a claim reduced by the high-end range of the statute of limitation scaling factor without the application of any other potential scaling factors.

Contribution to Claims Value % Base Matrix Low/High Values (DS Ex C).
[Total Contribution ÷ Total Claims Value Base Matrix (Low/High)]

Unrestricted Net Assets to Claims Value % Base Matrix Low/High Values (DS Ex D-1).
[Unrestricted Net Assets ÷ Total Claims Value Base Matrix (Low/High)]