Boy Scout Offers Compensation for Victims of Sexual Abuse In A Historical $ 850 Million Bankruptcy Settlement

The Boy Scouts of America has more than doubled its initial offer for compensation for sexually abused scouts late Thursday to $ 850 million, preparing for a historic settlement as part of the youth organization’s bankruptcy proceedings. I prepared it.

This offer will be made more than a year after the nonprofit organization. File for bankruptcy We faced 275 abuse proceedings and 1,400 potential claims.By the November 2020 deadline for victims, the number of claims will be Rise to almost 90,000, Make it one The biggest sexual abuse case against a single national organization..

“The first $ 850 million settlement is the largest sexual abuse claim settlement in US history,” Ken Rothweiler, a lawyer representing the survivor group, said in a statement. “We are pleased that both BSA and its local council have stepped up to become the first to compensate for survivors.”

Another survivor lawyer, Paul Monez, told USA Today that he expects the settlement to exceed $ 1 billion with insurance contributions. Plaintiff’s lawyer, Jordan Marson, wanted more.

“It’s important for people to see this amount and know that it’s not the end. This is just the beginning,” Marson said. “There are billions of dollars in insurance money, and the fight to get that money is ongoing.”

The controversy focused on lower initial offers, especially from hundreds of local Scout councils. In an offer filed with the Federal Bankruptcy Court on Thursday, the council holds the largest share of $ 600 million.

“There will never be an agreement that will please survivors,” Mones said. “What we tried in this negotiation was the best possible deal under the circumstances, considering all of the various competing interests.”

When the expected eligible casualties are reduced to about 82,000, the amount proposed on Thursday will provide each claimant with approximately $ 10,000 and survivors at various time periods. This assumes an even distribution among survivors and does not reflect issues related to statute of limitations or specific abuses.

In addition to the settlement, the Boy Scouts of America agrees to give the settlement trust access to all records related to abuse, as well as non-monetary compensation such as insurance rights and safeguards in the current organizational program. Did.

Douglas Kennedy, Co-Chair of the Survivors Commission, said:

“Abusive people roamed to serve other organizations,” said Kennedy, who said he was abused as a teenager on a scout camp trip, because access to records is also beneficial to the general public. I haven’t. “

More: He disguised himself as a doctor, a wilderness expert. Behind the façade was a accused molester.

Mr Monez said he believed that the victims who filed the claim would vote for the settlement and would accept it.

In March, USA TODAY estimated that Boy Scouts were worth more than $ 3.7 billion. This includes over 250 local councils and various trusts and donations.

Follow Jordan Mendoza on Twitter. @jord_mendoza..

This article was originally published in USA TODAY: Boy Scouts Offer Victims of Sexual Abuse a Historical $ 850 Million Settlement

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