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johnsch322

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Everything posted by johnsch322

  1. I do not believe that could ever come to fruition. Could you imagine the stories that would be told around the campfires. I am sure the Boy Scouts would not welcome any of those conversations on their properties.
  2. I need a little help in understanding why the BSA is throwing a hail Mary. It seems to be quite clear that the proposed settlement if it goes to a vote will not pass. If the toggle plan is put into place and passes the LC's and the insurers will be left blowing in the wind per se. The line of lawyers at state courts will be very long filing suits against LC's (lets say 30% of claimants or approximately 25,000 individual claims). The cost of litigation would be in itself would be astronomical (lets say 250K per case times 25,000 = $625,000,000). The amount paid out to those who get judgements in their favor (lets say 25% of filed cases at $10,000,000 per = $6.25 Billion) and yes the insurers would have to pick up a lot of the payouts and i might be low or high in my estimations. The cases that go to jury trial would generate much unneeded publicity which BSA does not need at this point of time. How will the LC's feel about being put into such a vulnerable situation? Feedback would be appreciated.
  3. I am a survivor with a lawyer. If I nor any other survivor in this bankruptcy had no lawyer we would have no restitution. The TCC lawyers have a plan for the continuation of BSA that gives fair compensation to survivors. The people who are fighting this are lawyers for the BSA and for the insurance companies.
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