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Boy Scouts File for Bankruptcy as a Result of Declining Membership and Sexual Abuse Lawsuits

Published

11 months ago

on

On Tuesday, February 18, 2020, The Boy Scouts of America filed for Chapter 11 bankruptcy protection in order to stay running as thousands of sexual abuse claims from former members pile up against the youth organization in the courts.

The organization initiated its bankruptcy proceedings in Delaware on Tuesday morning, per court documents. Consequently, all civil suits filed against the youth organization will be suspended, according to a CNN report.

The organization will likely still have to pay victims throughout the bankruptcy proceedings, but it will not have to go through the arduous jury trial process in certain states.

Trending: Leftist Thug Targets Roger Stone’s Handicapped Wife for Vicious Attack in Own Neighborhood

.“The BSA cares deeply about all victims of abuse and sincerely apologizes to anyone who was harmed during their time in Scouting. We are outraged that there have been times when individuals took advantage of our programs to harm innocent children,” Roger Mosby, the Boy Scouts’ president and chief executive officer, announced in a statement Tuesday.

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“While we know nothing can undo the tragic abuse that victims suffered, we believe the Chapter 11 process — with the proposed Trust structure — will provide equitable compensation to all victims while maintaining the BSA’s important mission,” he continued.

The New York Post recently reported that Boy Scouts have been bogged down with declining membership and rising costs. According to its 2018 tax filing, the youth group has $1.4 billion in assets.

Lawyers informed the Post that the Boy Scouts would have to make the bankruptcy go public in order to reach as many victims as possible.

News

Marjorie Taylor Greene Plans to Introduce Articles of Impeachment Against President Biden ON DAY ONE

She’s citing Biden family corruption.

Published

1 day ago

on

Jan 14, 2021

By

Georgia freshman Congresswoman Marjorie Taylor Greene is planning on introducing articles of impeachment against President Joe Biden the day after he’s inaugurated.

Greene made the announcement on Wednesday.

Greene is citing Biden family corruption, accusing Biden of standing by as his own relatives enriched themselves through business deals with foreign oligarchs, using the former Vice President’s family name.

Biden game-planned on messaging to dismiss his son Hunter’s involvement with corrupt Ukrainian oil company Burisma, receiving advice from the State Department while accusing the company’s oligarch owner of criminal activity. It didn’t occur to Biden to address the fact that his own son secured highly lucrative employment with Burisma until the topic became a point of political contention in the 2020 election.

MEMO: Biden Was Briefed on Burisma’s Corruption Weeks Before Demanding Ukrainian Prosecutor’s Firing

Biden’s brother, Jim Biden, has also been accused of securing lucrative business deals in China under the auspices of the Biden family name. Biden has steadfastly refused to speak in detail about suspicious Biden family business dealings, even though he’s gone so far as to openly brag about securing the termination of a Ukrainian prosecutor investigating Hunter Biden and Burisma for laundering profits of the former state-owned enterprise.

Greene is demanding that Biden be held accountable for the de facto licensure of his family name in Ukraine, an international liability that far surpasses anything proven to be real through a lengthy investigation into Donald Trump’s supposed connections of Russia.

The articles of impeachment are doomed from the get-go, with Speaker of the House Nancy Pelosi assured to protect Biden from allegations of corruption and poor governance. However, the Democratic Party has been unable to resist turning the presidential impeachment process into a wholly partisan, reactionary affair, and may reap the whirlwinds of their decision if Republicans willing to hold the establishment politician accountable gain majorities in the House and the Senate.

Follow me on Twitter @Wildman_AZ, on Parler @Moorhead, and on Gab @WildmanAZ.

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