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

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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.

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.“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.

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Hispanic UFC Fighter Jorge Masvidal to Join Donald Trump Jr. in “Fighters Against Socialism” Bus Tour

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UFC Welterweight fighter Jorge Masvidal announced on September 29, 2020 that he would be joining Donald Trump Jr. for a day long “Fighters Against Socialism” that will take place in Florida on October 3.

ESPN MMA journalist Ariel Helwani provided more details on this development:

“Jorge Masvidal will join Donald Trump Jr. on a day long “Fighters Against Socialism” bus tour across Florida this Saturday. They will hold 3 rallies in Tampa, Orlando and Miami. Their final rally will be at the American Top Team gym where they expect numerous fighters to join.”

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The fighter himself commented on this news, declaring “The anti communism bus tour will be arriving at a city near you #supernecessary.”

 

Masvidal, whose parents are Cuban and Peruvian, has been an outspoken Trump supporter.

Unlike other sports leagues, the UFC has uniquely positioned itself by not adopting the woke antics of leagues such as the NFL and NBA.

Masvidal is a veteran of MMA promotions such as Strikeforce, Bellator, and the UFC. He is currently fighting under the UFC banner and holds a record of 35-14. According to MMA website Sherdog, he is currently ranked in 4th place . Similarly, he is ranked in 4th place according to the UFC’s rankings.

The Welterweight fighter currently owns the record for the fastest knockout in UFC history, after he knocked out Ben Askren with a flying knee five seconds into the first round. Additionally, Masvidal won the “BMF” championship against Nate Diaz in 2019 after he battered Diaz and forced a technical knockout via doctor stoppage.

Masvidal fought current welterweight champion Kamaru Usman on less than a week’s notice for the UFC Welterweight Championship at UFC 251, after he replaced the original challenger Gilbert Burns, who tested positive for the Wuhan virus. Before the fight took place, Masvidal signed a multi-fight contract with the UFC. Masvidal ended up losing the fight via unanimous decision.

Nevertheless, the card reportedly netted 1.3 million pay-per-view buys in America.

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