Boy Scouts of America announce bankruptcy filing – Local councils will not be directly affected

(NNDC)

From the Boy Scouts of America:

The Boy Scouts of America believes our organization has a social and moral responsibility to equitably compensate all victims who were abused during their time in Scouting.  We also have a duty to carry out our mission for years to come.

In order to meet these dual objectives, the national organization has filed for Chapter 11 bankruptcy.

The BSA is using this process to help ensure that all victims of past abuse in our programs receive compensation.  We believe victims, we support them, we pay for counseling by a provider of their choice, and we encourage them to come forward.

  • We are heartbroken and outraged that there have been times when individuals took advantage of our programs to abuse innocent children and sincerely apologize to anyone who was harmed during their time in Scouting.
  • Our plan is to use this Chapter 11 process to create a Trust that will provide equitable compensation to victims.
  • The safety of the children in our programs is the BSA’s absolute top priority.
  • Approximately 90% of pending and asserted abuse claims against the BSA relate to abuse that occurred more than 30 years ago.
  • Local councils are legally independent, separate and distinct from the national organization.
  • No local council assets are directly affected by the Chapter 11 filing because the local councils are not filing entities.
  • However, the national organization is working diligently to protect local councils’ interests through this process.
  • Local councils are not part of the Chapter 11 filings, but each local council will have an opportunity to contribute to the Victims Compensation Trust.
  • Scouting programs will continue to serve youth, families and local communities throughout this process and for many years to come.
  • Unit meetings and activities, district and council events, other Scouting adventures and countless service projects will take place as usual.                                                                                                                                                                                                                                                                                      Scouting continues.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

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