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The Boy Scouts of America more than doubled its initial offer of compensation for sexually abused Boy Scouts Thursday night to $ 850 million, preparing for a landmark settlement in the organization’s bankruptcy proceedings. youth. I prepared it.
The proposal dates back more than a year after filing for bankruptcy, as a nonprofit has faced 275 abuse cases and 1,400 potential complaints. By the November 2020 victim deadline, the number of complaints had reached nearly 90,000, making it one of the largest cases of sexual abuse against a single national organization.
“The first $ 850 million settlement is the largest sexual abuse claim settlement in US history,” Ken Rothweiler, an attorney representing the survivor group, said in a statement. “We are pleased that BSA and its local council have stepped up to become the first to compensate survivors. “
Another surviving lawyer, Paul Monez, told USA Today he expects the settlement to exceed $ 1 billion with insurance premiums. The plaintiff’s lawyer, Jordan Marson, wanted more.
“It’s important that people see this amount and know it’s not the end. This is just the start, â€said Marson. “There are billions of dollars in insurance money out there, and the fight for that money continues.”
The controversy has centered on lower initial offers, especially from hundreds of local Scout Councils. In an offer filed Thursday with the Federal Bankruptcy Court, the board holds the largest share of $ 600 million.
“There will never be a deal that will appeal to the survivors,” Mones said. “What we tried in this negotiation was the best deal possible under the circumstances, taking into account all of the various competing interests.”
When the expected eligible losses are reduced to around 82,000, the amount proposed Thursday will provide each claimant with approximately $ 10,000 and survivors at different times. It assumes an equal distribution among survivors and does not reflect issues related to the limitation period or specific abuses.
In addition to the settlement, the Boy Scouts of America are committed to giving the Settlement Trust access to all abuse-related records, as well as non-monetary compensation such as insurance rights and warranties in the current organizational program. Did.
Douglas Kennedy, co-chair of the Survivors Commission, said:
“Violent people were wandering around to serve other organizations,” said Kennedy, who said he was abused as a teenager on a trip to a scout camp, as access to records is also beneficial to the great public. I do not have. “
After:He disguised himself as a doctor, an expert in the wilderness. Behind the facade was an accused assailant.
Mr Monez said he believed victims who filed the claim would vote for and accept the settlement.
In March, USA TODAY estimated the Boy Scouts of America to be worth more than $ 3.7 billion. This includes over 250 local councils and various trusts and donations.
Follow Jordan Mendoza on Twitter. @jord_mendoza..
Boy Scouts Offer Victims of Sexual Abuse Landmark $ 850 Million Settlement
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