BSA Corp bankruptcy imminent


From the New York Post

A bankruptcy filing that could spell the end of the Boy Scouts of America is “imminent,” sources told The Post.

Crippled by thousands of child sex-abuse claims in multiple states — and with more victims coming forward every day — the bankruptcy case could reach into the “billions,” said one lawyer who represents 1,800 men who allege they were molested as scouts.

The filing, expected in Delaware, could come any day or in the next couple of weeks, sources said.

“It’s going to be a mess. If it takes a long period of time, it’s an open question whether the Boy Scouts will have any resources to keep operating while the bankruptcy is pending,” said attorney Tim Kosnoff.

Any bankruptcy by the Boy Scouts would be “historic” given the breadth of the organization. It is active in every state and territory, and has seen millions of boys move through its ranks since its inception more than a century ago. The group kept files on thousands of abuse allegations made against leaders since 1944.

“It would really be a day of reckoning for the Boy Scouts, in terms of the decisions they have to make,” said attorney Michael Pfau, who reps 300 alleged Boy Scout sex abuse victims. “Anyone still alive may be a potential victim.”

Kosnoff’s oldest client is a 93-year-old man, and a couple dozen others are over 80, he said.

“It’s kind of jaw-dropping when you realize this person has lived with this for so long,” Kosnoff said.

“No decisions have been made and we continue to fully meet our financial obligations to our vendors, creditors and other stakeholders,” the Boy Scouts said in a statement.

The group is “exploring all options available” to pay victims and continue their work, the statement added.

The Boy Scouts have struggled with declining membership and rising costs. The group has $1.4 billion in assets according to its 2018 tax filing, and would also have to publicize the bankruptcy to reach as many victims as possible, the lawyers said.

The case will pull back the curtain on the nonprofit’s financial health, forcing it to reveal how many assets it has, and how those assets are leveraged, said Indiana University Professor Pamela Foohey, who studies nonprofit bankruptcies.

The national Boy Scouts organization is devising a bankruptcy survival strategy that would allow it to pay victims while shielding the hefty assets owned by hundreds of local councils — an estimated $3 billion worth, according to a report in the Wall Street Journal.

New Sex Abuse Allegations Surface Against Boy Scouts Of America


From WCBS-AM, New York:

Boy Scouts of America
Photo by George Frey/Getty Images

New Sex Abuse Allegations Surface Against Boy Scouts Of America

April 23, 2019 – 10:20 am

NEW YORK (WCBS 880) — Stunning new allegations of child sex abuse have surfaced against the Boy Scouts of America.

Attorneys for alleged victims say there is a pattern of abuse involving 7,000 Boy Scout leaders nationwide dating back to the 1940s. The leaders were named in the Boy Scouts of America “Perversion Files,” lawyers said. They call it a system of denial and cover ups.

The Boy Scouts of America issued a statement saying that they “care deeply about all victims of child sex abuse and sincerely apologize to anyone who was harmed during their time scouting.”

The organization says they are “outraged” that abusers have taken advantage of scouting programs to abuse children.

Lawyers planning to file multiple lawsuits on behalf of the alleged victims will hold separate news conferences in Newark and Manhattan on Tuesday.

They plan to release the names of 50 leaders in New Jersey and 130 in New York who allegedly abused children.

WCBS 880 will be covering the press conference. Listen live for updates

Thousands of Boy Scout Leaders Face New Child Sex Allegations; Names Expected to Be Released Tuesday


From NBC Local News in New York City

An attorney claims the BSA has files of child abusers within their ranks, going back to the 1940s


What to Know

Alarming claims have surfaced against the Boy Scouts of America, accusing thousands of leaders of abuse

The allegations came to light and a group of alleged victims will hold a press conference in NY to speak out publicly, claiming a pattern

The BSA said in a statement that they ‘care deeply about all victims of child sex abuse and sincerely apologize to anyone who was harmed’

Thousands of Boy Scouts of America leaders face new charges of sexual abuse, claims that are expected to be revealed in detail Tuesday in New York and New Jersey. Names of nearly 200 of the accused are also expected to be released.

The allegations came to light Monday night and a group of alleged victims was expected to testify about the widespread pattern abuse within the scouting organization later Tuesday.

The victims’ attorney, Jeff Anderson, called it a system of denial and cover-ups. He claims the Boy Scouts have files on child abusers within their ranks dating back to the 1940s.

“The lives of the survivors and their families have been shattered and destroyed in so many ways,” Anderson said. He says the new allegations accuse more than 7,000 leaders of abuse, with more than 100 in New York.

Continue reading “Thousands of Boy Scout Leaders Face New Child Sex Allegations; Names Expected to Be Released Tuesday”

The Scouts’ Inclusion Of Girls Is A DISASTER For Both Boys And Girls


Don’t claim you weren’t warned, fathers of America. Why aren’t you up in arms over this ? ? ?

 

dailycaller.com

Gary Bauer | President, American Values

The Boy Scouts of America dropped the word “Boy” from its name this month following an earlier decision to begin allowing girls to participate in its programs. The organization will now be known as “Scouts BSA.”

So like KFC (formerly Kentucky Fried Chicken), the SAT (formerly Scholastic Aptitude Test) and NARAL (formerly the National Abortion Rights Action League), the Scouts have clumsily turned its name into an acronym whose letters officially stand for…nothing.

Which is appropriate, actually, given the Scouts’ recent departure from the values it once stood for. In 2013, the organization began admitting openly gay scouts. And in 2015, it ended a prohibition on gay Scout leaders. Last year, it even began allowing girls who identify as boys to participate.

This is a shame. The Boy Scouts used to be a place where boys learned to become men. They were taught not only how to tie a knot and build a fire but also how to work in a team, manage their time, control their emotions and stay fit. They were even taught about the value of faith and patriotism.

When I was growing up, to call someone “a boy scout” was to say that he was morally upright, resourceful and honest—someone you could trust to help your mother out of a jam or would approve of dating your sister or marrying your daughter.

Continue reading “The Scouts’ Inclusion Of Girls Is A DISASTER For Both Boys And Girls”

Sexual perversion has destroyed the Boy Scouts. Is the Catholic Church next?


This is from Life Site news.

Continue reading “Sexual perversion has destroyed the Boy Scouts. Is the Catholic Church next?”

BSA Membership Tumbled Amid Scandals and Decision to Allow Girls — Now They’re on the Brink of Bankruptcy


BSA Membership Tumbled Amid Scandals and Decision to Allow Girls — Now They’re on the Brink of Bankruptcy

CBSDFW/YouTube

Boy Scouts of America (BSA) decided to allow girls into their program after their membership began falling, but the numbers continued to tumble thereafter, leaving the organization facing potential bankruptcy.

BSA’s program, for 11 to 17-year-olds, planned to change the name to Scouts BSA, with members referring to themselves as “scouts,” rather than “boy” or “girl” — they were also looking to allow older girls to earn the highest rank of Eagle Scout.

The announcement was met with a lot of criticism, especially when it came to their sister organization, Girl Scouts of the USA (GSUSA). GSUSA’s Chief Customer Lisa Margosian previously said they were “disappointed” in BSA’s handling of the situation.

When announcing the change in 2017, the BSA said in a statement the “historic decision” was made after receiving many requests from families and girls interested in the program.

Consideration of declaring bankruptcy

BSA’s move toward allowing girls and transgender boys into their programs lead to a continual downfall in membership in recent years and now the organization is facing bankruptcy, according to The Wall Street Journal.

Filing for bankruptcy comes amidst legal costs in the organization’s handling of sexual abuse allegations.

In a BSA statement released on Wednesday, Chief Scout Executive Michael B. Surbaugh said they are working to “explore all options available to ensure that the local and national programming of the Boy Scout of America continues uninterrupted.”

After their decision to open the doors in their program to other genders and change the name, the Church of Jesus Christ of Latter-day Saints — which was one of the organization’s largest sponsors — cut their ties to the BSA after a relationship of over 100 years.

In November, the GSUSA filed a trademark lawsuit against BSA for dropping the word “boy” from their flagship program, claiming it caused confusion among the public and creating complications as “parents interested in signing up for Girl Scouts programs have instead mistakenly signed up for the new girls’ programs offered by BSA,” NBC News reported.

The organization has hired Sidley Austin LLP law firm as they look to possibly file for chapter 11 bankruptcy, WSJ reported.

The BSA’s future depends partly on the “outcome of sex-abuse-related litigation and future damages awarded,” according to WSJ.

Surbaugh said in the statement that “at no time in our history have we knowingly allowed a sexual predator to work with youth” and that they act quickly to address those issues related to abuse allegations.

According to WSJ, BSA leaders commented saying the latest lawsuit could cause BSA “to pay damages out of its own funds to the extent the claims are not covered by insurance or if the insurance carriers are unable or unwilling to honor the claims.”

Learn more below:

The hefty costs due to sexual abuse allegations and the organization’s downfall in membership could lead the 108-year-old nonprofit to declare bankruptcy.

“Woke” Goes Broke: Boy Scouts Filing for Bankruptcy


“Woke” Goes Broke: Boy Scouts Filing for Bankruptcy

The once proud organization known as the Boy Scouts is declaring bankruptcy after severely flagging numbers due to a myriad of problems, including implementing social justice measures to make it more inclusive.

According to the Daily Caller, the Boy Scouts changed its name to Scouts BSA and began to allow girls into their ranks. Before that, the Boy Scouts ruled that openly gay scouts and scout leaders could also join the program. This lead to a serious decline in membership and now the organization is filing Chapter 11:

The Wednesday report comes in the wake of sinking membership and multiple controversies surrounding the 108-year-old organization, including sex abuse allegationsand its controversial decision to change its program name from Boy Scouts to Scouts BSA and allow girls into that program.

Chicago law firm Sidley Austin has reportedly been hired to assist in what would be a Chapter 11 bankruptcy filing.

As the organization has made decisions deemed to be more inclusive, such as allowing openly gay scouts in 2013 and scoutmasters in 2015 as well as the 2018 decision to allow girls, membership has continued to decline sharply, from over 4 million members at its peakto a claimed 2.3 million members at present.

It’s only going to get worse as well. The Mormon Church has announced that it’s discontinuing its partnership with the Boy Scouts and will be starting up its own boy’s program in 2020, according to the Daily Caller. When that happens, the Scouts will lose a third of its membership.

Combined with the fact that it kept sexual abuse allegations secret for decades, the Scouts seems to have rotted from the inside.

Whether the Scouts would have survived in this modern age without any of these events happening is still up for debate, but it definitely didn’t help it. Boys clubs are becoming few and far between with each of them coming under attack for not being inclusive to girls or members of the LGBT community.

Boys are increasingly encouraged to be safer and more accepting of things that run against their nature. This is more dangerous than our society as a whole can realize yet, as boys need to be able to be boys. However, in this day and age, the very nature of boys is often the subject of ridicule and even labeled as a societal evil.

It’s my honest hope that the Scouts survive, but I can only see it doing so by making itself return to its original principles. The chances of that happening, however, are slim to none.