Boy Scouts file for bankruptcy under weight of child sex abuse lawsuits

'You’re talking about tens of thousands of victims. This will be the largest bankruptcy the country has ever seen,' an attorney representing victims says.

February 20, 2020 – In a move that has been long speculated by many, the embattled Boy Scouts of America (BSA) filed for bankruptcy Tuesday, concluding it to be the organization’s only choice in the face of years of costly lawsuits over decades of sexual abuse claims against employees and volunteers. 

In 2012, the Oregon Supreme Court ordered the release of 20,000 pages of confidential files the BSA kept on suspected abusers within the organization from 1965 to 1985, though battles continued over abuse lawsuits and the release of post-1985 files. According to public filings, the BSA’s legal bills to outside law firms amounted to $7.6 million in 2017, $3.5 million in 2016, and $859,347 in 2015.

“You’re talking about thousands of perpetrators," said Seattle attorney Michael Pfau, who has represented more than 300 Boy Scout accusers across the country. "You’re talking about tens of thousands of victims.

This will be the largest bankruptcy the country has ever seen, and likely one of the largest corporate bankruptcies.”

https://www.lifesitenews.com/news/boy-scouts-file-for-bankruptcy-under-weight-of-child-sex-abuse-lawsuits

>>8204308

>>8204308

Interdasting pedigree. Lord Baden Powell seems to have been a member of many elite groups. He also died and buried in Kenya.

https://en.m.wikipedia.org/wiki/Robert_Baden-Powell,_1st_Baron_Baden-Powell

>>8204290

Reminds me of Q’s drop yesterday when he said

[Epstein] [Wexner] The story goes much deeper [darker]

At BSA bankruptcy case, plaintiffs’ attorneys take aim at Boy Scouts’ ‘dark history’

The fund could top $1 billion, but to raise the money, the national organization could be forced to sell some of its real estate holdings, which include its headquarters in Irving, Texas,

and a huge campground in New Mexico.

https://www.sltrib.com/news/2020/02/19/bsa-bankruptcy-case/

>>8204457

Any Anons know if this was anywhere near [Epstein]s ranch?

Boy Scouts mortgage vast Philmont ranch in New Mexico as collateral

The Boy Scouts of America has mortgaged one of the most spectacular properties it owns, the vast Philmont Scout Ranch in New Mexico, to help secure a line of credit as the financially strapped organization faces a growing wave of new sex-abuse lawsuits.

The BSA said Friday that it has no plans to sell the property, and that the land is being used as collateral to help meet financial needs that include rising insurance costs related to sex-abuse litigation.

Waite Phillips was a successful oilman who used some of his fortune to develop a huge ranch in northeastern New Mexico. In 1938, and again in 1941, he donated two large tracts of the ranch to the Boy Scouts.

Since the first Boy Scout camp opened there in 1939, more than 1 million Scouts and other adventurers have camped and hiked on the property, which now covers more than 140,000 acres (56,650 hectares). One of its many trails leads to the 12,441-foot (3,793-meter) summit of Baldy Mountain.

In a statement provided to The Associated Press, the Boy Scouts said programming and operations at Philmont “continue uninterrupted, and we are committed to ensuring that the property will continue to serve and benefit the Scouting community for years to come. “

“In the face of rising insurance costs, it was necessary for the BSA to take some actions earlier this year to address our current financial situation,” the BSA said. “This included identifying certain properties, including Philmont Scout Ranch, that could be used as collateral …. in order to keep in place an existing line of credit for insurance.”

https://www.sltrib.com/news/nation-world/2019/11/22/boy-scouts-mortgage-vast/

>>8204502

Anyone got a map of Epstein’s ranch? Can they mark the 2 Properties? Connected?

>>8204290

‘John F. Kennedy was the first U.S. President to be a Boy Scout, reaching the level of Star Scout. Gerald Ford was the only President to reach the level of Eagle Scout. Both George W. Bush and Bill Clinton were Cub Scouts. Barack Obama was not a part of the Boy Scouts of America; rather he was a member of Gerakan Pramuka, the Indonesian Scout Association, and was the equivalent of a Cub Scout.’

https://voiceofscouting.org/the-presidents-and-scouting