Judge approves Boy Scouts' $2.4 billion bankruptcy plan.

1 min read
Source: The Associated Press
Judge approves Boy Scouts' $2.4 billion bankruptcy plan.
Photo: The Associated Press
TL;DR Summary

A federal judge has upheld a $2.4 billion bankruptcy plan for the Boy Scouts of America, which would allow the organization to continue operating while compensating tens of thousands of men who say they were sexually abused as children while involved in Scouting. More than 80,000 men have filed claims saying they were abused as children by troop leaders around the country. The plan's opponents say the bankruptcy process was manipulated, but the judge found no fault with the plan's initial approval. The bulk of the compensation fund would come from the Boy Scouts' two largest insurers, Century Indemnity and The Hartford.

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