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Boy Scouts reach deal with Catholic committee in BSA bankruptcy
More abut this: https://news.google.com/search?for=boy+scouts+catholic+church
Boy Scouts reach deal with Catholic committee in BSA bankruptcy
By RANDALL CHASE, Associated Press
Published: March 18, 2022, 4:36pm
DOVER, Del. — A committee representing several Catholic entities in the Boy Scouts of America bankruptcy has reached a settlement with the BSA and is withdrawing its objections to its proposed reorganization plan, attorneys told a judge Friday. ... The announcement came on the fifth day of a trial to determine whether the Delaware judge will approve the BSA’s reorganization plan.
Under the settlement, virtually every Roman Catholic entity nationwide, including parishes, schools, dioceses and archdioceses, that was involved with Scouting would be considered a “participating chartered organization” in the bankruptcy.
That would release them from liability for all Scouting-related child sex abuse claims against them from 1976 to the present, and for all pre-1976 claims subject to coverage by insurance companies that have reached their own settlements in the BSA bankruptcy. They also would be granted 12 months to negotiate financial contributions to a settlement fund for abuse victims in exchange for a full release from liability for all Scouting-related abuse claims.
In exchange, the Catholic entities would release their rights to any policies issued by the settling insurers. ... Attorneys for the Catholic committee had previously argued that the BSA’s plan treated chartered troop-sponsoring organizations such as churches and civic groups unfairly, leaving them exposed to future lawsuits while stripping them of their rights under BSA insurance policies.
{snip}
By RANDALL CHASE, Associated Press
Published: March 18, 2022, 4:36pm
DOVER, Del. — A committee representing several Catholic entities in the Boy Scouts of America bankruptcy has reached a settlement with the BSA and is withdrawing its objections to its proposed reorganization plan, attorneys told a judge Friday. ... The announcement came on the fifth day of a trial to determine whether the Delaware judge will approve the BSA’s reorganization plan.
Under the settlement, virtually every Roman Catholic entity nationwide, including parishes, schools, dioceses and archdioceses, that was involved with Scouting would be considered a “participating chartered organization” in the bankruptcy.
That would release them from liability for all Scouting-related child sex abuse claims against them from 1976 to the present, and for all pre-1976 claims subject to coverage by insurance companies that have reached their own settlements in the BSA bankruptcy. They also would be granted 12 months to negotiate financial contributions to a settlement fund for abuse victims in exchange for a full release from liability for all Scouting-related abuse claims.
In exchange, the Catholic entities would release their rights to any policies issued by the settling insurers. ... Attorneys for the Catholic committee had previously argued that the BSA’s plan treated chartered troop-sponsoring organizations such as churches and civic groups unfairly, leaving them exposed to future lawsuits while stripping them of their rights under BSA insurance policies.
{snip}