The Boy Scouts of America has filed for bankruptcy, according to a court document filed in Delaware bankruptcy court
The youth organization, which celebrated its 110th anniversary February 8, listed liabilities of between $100 million and $500 million, but $50,000 or less in assets.The bankruptcy filing comes at a time when the organization faces hundreds of sexual abuse lawsuits, thousands of alleged abuse victims and dwindling membership numbers. As a result of the filing, all civil litigation against the organization is suspended.
For a lot of abuse survivors, telling their story in a court of law and forcing the organizations to defend their actions can be cathartic. That won't happen with a bankruptcy," Pfau said. Mones said in the aftermath of the Lewis case, his law office received hundreds of phone calls from adult males claiming to have been BSA sexual abuse victims, but many states had statutes of limitation that narrowed their legal options at the time.
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