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Boy Scouts of America reaches $850 million agreement with victims

Boy-Scouts-Bankruptcy
Posted at 2:04 PM, Jul 02, 2021
and last updated 2021-07-02 14:45:39-04

DOVER, Del. (AP) — The Boy Scouts of America have reached an $850 million agreement with attorneys representing some 60,000 victims of child sex abuse.

The agreement could prove to be a pivotal moment in the organization’s bankruptcy case.

The settlement would mark one of the largest sums in U.S. history involving cases of sexual abuse.

Attorneys for the BSA filed court papers late Thursday outlining a restructuring support agreement with attorneys representing abuse victims.

The BSA sought bankruptcy protection last year, moving to halt lawsuits and create a compensation fund for men who were molested as youngsters decades ago.