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Posts Tagged ‘Boy Scouts of America’

Report: Boy Scouts of America May File for Bankruptcy

Posted by M. C. on December 13, 2018

BSA

Born 1910   DIversifiED 2018

https://www.breitbart.com/economy/2018/12/13/boy-scouts-america-considering-ch-11/

by Joshua Caplan

The Boy Scouts of America are considering filing for bankruptcy, according to a report released Wednesday.

The Wall Street Journal states leadership of the youth organization, mired in sexual misconduct litigation, hired the law firm Sidley Austin LLP to explore a wide range of options, including petitioning for relief under Chapter 11.

On Wednesday, Boy Scouts CEO Michael B. Surbaugh released a statement in response to the Journal‘s report, saying, “We are working with experts to explore all options available to ensure that the local and national programming of the Boy Scout of America continues uninterrupted.”… Read the rest of this entry »

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