Victims of Boy Scouts sue to exploit $ 667 million asset pool for abuse claims

Law360 (Jan. 8, 2021, 8:03 p.m. EST) – Lawyers for victims of alleged Boy Scouts of America sexual abuse sued the bankrupt organization in Delaware on Friday, seeking a Chapter 11 court declaration that over $ 667 million is said to have been spent. limits of property, money and other assets may be the subject of damage claims.

The Boy Scouts of America and Delaware BSA LLC’s official Asylum Seekers Committee action challenged a BSA claim that some form of restriction protects more than half of its more than $ 1 billion in cash , land and other assets. For comparison, the debtor identified more than $ 4.37 billion in receivables on Friday, the majority being …

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