Live Breaking News & Updates on Torts Claimants Committee
Stay updated with breaking news from Torts claimants committee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
About 90,000 sex abuse claims filed in Boy Scouts bankruptcy pressherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressherald.com Daily Mail and Mail on Sunday newspapers.
Updated: 10:34 PM EST Mar 11, 2021 WXII12.com Web Staff The Torts Claimants Committee has announced at least 1,972 claims have been filed against the Boy Scouts of America, its local councils and its sponsoring organizations in North Carolina. Now, lawyers are accusing the Boy Scouts of underpaying abuse survivors based on how much money each entity holds. The Torts Claims Committee is the official bankruptcy committee representing the interests of abuse survivors. Boy Scouts of America s plan to emerge from bankruptcy proposed on March 1 planned to settle more than 85,000 claims of childhood sexual abuse by paying abuse survivors approximately $6,000. In exchange, the Boy Scouts wanted the bankruptcy court to dismiss pending lawsuits against the organization and its local councils, according to Phau Cochran Vertetis Amala, a law firm representing more than 1,000 abuse survivors in the Boy Scouts of America bankruptcy. Boy Scouts of America also want ....
Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each Cara Kelly, USA TODAY Replay Video UP NEXT Boy Scouts of America is proposing to pay roughly $220 million toward a trust to compensate tens of thousands of former members who say they were abused as scouts, according to a statement from the committee that represents survivors in the case. Another $300 million may come from a voluntary contribution from local councils, the Boy Scouts said in court documents filed Monday, but the local organizations have given no formal commitment. The number is a fraction of the $1 billion of the organization s estimated value, and a sliver of the value of its subsidiaries, including local councils as well as various trusts and endowments, which USA TODAY estimates could exceed $3.7 billion. ....
USA TODAY Boy Scouts of America is proposing to pay roughly $220 million toward a trust to compensate tens of thousands of former members who say they were abused as scouts, according to a statement from the committee that represents survivors in the case. Another $300 million may come from a voluntary contribution from local councils, the Boy Scouts said in court documents filed Monday, but the local organizations have given no formal commitment. The number is a fraction of the $1 billion of the organization s estimated value, and a sliver of the value of its subsidiaries, including local councils as well as various trusts and endowments, which USA TODAY estimates could exceed $3.7 billion. ....