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Boy Scouts bankruptcy case: Judge set to begin key hearing
August 12, 2021
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Attorneys for the Boy Scouts of America are asking a Delaware judge to approve an $850 million agreement that is the foundation of the group's plan to emerge from bankruptcy.
The judge was to begin a hearing Thursday on whether to approve the agreement, which involves the national Boy Scouts organization, the roughly 250 local Boy Scout councils, and law firms representing some 70,000 men who claim they were molested as youngsters by scoutmasters and others.
The Irving, Texas-based Boy Scouts sought bankruptcy protection in February 2020 amid an onslaught of lawsuits by men who said they were sexually abused as children. The filing was part of an attempt to reach a global resolution of abuse claims and create a compensation fund for victims.