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Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each


Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each
Cara Kelly, USA TODAY
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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.   ....

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Boy Scouts bankruptcy: Reorganization plan 'woefully' inadequate


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.   ....

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