Boy Scouts of America bankruptcy filing prompts other sex abuse survivors to step forward
Michael Mertz, a Chicago-based lawyer who has represented Boy Scouts victims, said that by declaring bankruptcy, the organization is trying to limit the damages.
“What it means is the number of claims against the Boy Scouts has gotten to the point where they're having difficulty managing them and they're having difficulty with their cash flow,” he said. “The BSA intends to use the Chapter 11 process to create a Victims Compensation Trust that would provide equitable compensation to victims,” a Boy Scouts spokesman said earlier, after the bankruptcy move was announced.
The Boy Scouts leadership also insisted that scouting “is safer now than ever before” and 90 percent of the claims against the organization “occurred more than 30 years ago.”
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