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Tuesday, April 23, 2024

Boy Scouts Of America File For Bankrupty

Credit: WLFI
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Boy Scouts Of America File For Bankrupty
Boy Scouts Of America File For Bankrupty
WLFI News 18 at 5 (02/18/2020)

National organization's bankruptcy filing.

Boy scouts of american filed for bankrupty on tuesday as it faces sexual abuse cases nationwide.

The 110-year-old organization wants to create a compensation plan for past victims of abuse.

Thousands of men who say they have been molested as scouts by troop leaders have filed suits.

By going to bankruptcy court, the scouts can put the lawsuits on hold for now.

But they could be forced to sell off some property holdings to raise money for the compensation fund.

According to the sagamore council's scout executive ben blumenberg, local scouts will not see a change.

He provided a statement saying: "sagamore council has not filed for bankruptcy.

Meetings and activities, district and council events, other scouting adventures and countless rvice projects are taking place as usual.

In short, there should be no change to the local scouting experience.

The national organization of the boy scouts of america is the only entity involved in the chapter 11 filing.

The sagamore council, which provides programming, financial, facility and administrative support to local units and individual scouts in our area, is separate and distinct from the national organization.

Our camps, properties and all local contributions are controlled by our council."

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