Muttsy
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Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
Don’t forget the other appeals are not trivial threats to be brushed away. The non-settling insurers have compelling Due Process points. This Rube Goldberg IRO absurdity promising survivors what is in reality an expensive, wasteful bridge to nowhere that will never result in full recovery (or any recovery) for the handful of claimants that were duped to support the plan on the basis of a lawyer-invented cynical mirage. Talk about long waits. The non-settling insurers will never pay those awards and Houser will quickly lose if and when the insurance litigation ever resumes. It’s existential, non-negotiable for insurance companies to maintain the bedrock foundation of liability coverage insurance that only carrier, not the insured, has the right to decide whether to pay a settlement and for what amount. It cannot be transferred by the insured or taken by a bankruptcy judge and given to a trustee without consent of the insurance company This reality was completely misrepresented or hidden from the claimants during the voting. It was hidden mostly because the TCC, after spending 70M on attorneys (Stang), capitulated and never put on a case in the confirmation trial it was left to Lujan and Dumas to champion these issues at trial and they were completely financially outgunned. Only Lujan’s client on the TCC had the courage to push back and vote no on supporting the planin the committee Bottom line is those carriers have clear contract rights that can’t be taken away by a bankruptcy court for the sake of expediency. This was never explained to survivors by the TCC, who simply capitulated under pressure of their individual lawyers and Pachulski Stang and dissenting voices were silenced by the BSA and the mass tort lawyer cabal. What truly terrifies all these plan proponents (BSA, Coalition, TCC, PS) when the Plan fails, is not facing the anger of thousands of betrayed, misled clients, but facing them without the protection of the exculpation clauses they showered on each other in the Plan. These clauses shield these law firms and committee members from personal civil liability for fraud, negligence, misrepresentation etc related to their actions and advice in the bankruptcy. Over 500M in estate assets were wasted on these bankruptcy lawyers to produce this debacle. If you want to be angry, be angry at those lawyers and the TCC, not Lujan and Dumas. -
Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
But this plan has barely been implemented. Time was wasted but that is irrelevant. Most of the money hasn’t been transferred to the trust and only a tiny fraction 1.5% has been paid out. The test is “substantial consummation.” This is nowhere near that. The court can pinch its nose and rubber stamp it but that only invites an endless parade of other mass tort manipulations they have to deal with down the road. I watched these judges and have studied their past rulings. These cats aren’t rubber stampers. -
Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
I was present. This court has grave reservations about the broader legal implications of affirming the plan. The judges were not receptive to plan proponents’ estoppel arguments. Ultimately the appeal is not about what happens to the BSA, or the unfortunate victims. It is about removing the inherent corruption in the system. The collusion, conflicts of interest and unfairness of the settlement was not lost these judges. What happens to the plan or BSA is not its concern. The court calls balls and strikes. If BSA strikes out, it has only itself to blame. It knew, as did the TCC and all the lawyers, this house they were building rested on quicksand. The TCC and all the other lawyers either lied to their clients or didn’t both to understand what or why they were adding their clients to support the Plan. All of this was 100% foreseeable. Sad. -
Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
Very misleading. -
Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
1. BSA NATIONAL LIQUIDATES and/ or 2. Insurance companies pony up a LOT more $$$ to liquidation trustee 3 LC’s Liquidate and/or see 2 above . 4. Charter orgs voluntarily liquidate or file Ch 11. also See 2 above. 4. Some survivors carry on with litigation including bad faith claims against insurance companies. 5. More states open or reopen windows to allow more survivors a path to just compensation. See 2 above. 6. Scouting becomes a verb again, not a brand name Many regional and local scouting organizations form and compete with each other to develop the safest system, best and lower cost scouting experience not having to carry the corrupt dead weight of the bureaucracy. Scouting discovers its roots again. -
Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
Read this Krause opinion and tell me you can’t see where this is headed. Plan is likely going south. https://casetext.com/case/in-re-one2one-commcns-llc -
Muttsy started following Chapter 11 announced - Part 14 - Plan Effective
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Chapter 11 announced - Part 14 - Plan Effective
Muttsy replied to MYCVAStory's topic in Issues & Politics
Judge Krauss is the presiding judge on the panel!! We who are rooting that the court reverses this horribly rotten Plan could not have drawn a better judge in the whole country! She’s the biggest opponent of equitable mootness there is. She wants to abolish the doctrine. Oral arguments Nov 6. 3rd Circuit US Court of Appeals. Philadelphia 10:00 am. -
Chapter 11 announced - Part 11 - Judge's Opinion
Muttsy replied to Eagle1993's topic in Issues & Politics
You do understand what it means for the TCC and it’s counsel to have a fiduciary duty to 84,000 claimants, correct? And you are aware of how it cut a deal with BSA in exchange for inclusion in the exculpation section of the Plan? No financial interest? Hardly. -
Chapter 11 announced - Part 11 - Judge's Opinion
Muttsy replied to Eagle1993's topic in Issues & Politics
So where is the late great his highness Doug Kennedy or the TCC? Hunkering down in their usual bunkers? -
Chapter 11 announced - Part 11 - Judge's Opinion
Muttsy replied to Eagle1993's topic in Issues & Politics
The Mann Act is a criminal statute. Do you know whether Congress added a civil remedy to it? If criminal only, the Fed’s are very selective which cases they will indict -
Chapter 11 announced - Part 11 - Judge's Opinion
Muttsy replied to Eagle1993's topic in Issues & Politics
Agree. Not worth it. -
Chapter 11 announced - Part 11 - Judge's Opinion
Muttsy replied to Eagle1993's topic in Issues & Politics
According to Kosnoff, these pre-76 cases are live unless the charter is a contributing party. As it stands now, none of the Catholic dioceses or orders are CP’s but they have a year from confirmation to cut a deal with the Settlement Trustee and get released from those pre-76 cases. Your situation is getting dire because the California window closes 12/31. You need to file against the C before then to toll the running of the statute. CA also requires a certification from a psychologist as prerequisite to filing your lawsuit. That takes a little time but is not a big deal. Probably 3-4 thousand to line up. Hasn’t your lawyer explained this to you? -
More bad publicity helping tube the BSA-LDS 250M deal. https://apnews.com/article/Mormon-church-sexual-abuse-investigation-e0e39cf9aa4fbe0d8c1442033b894660
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Chapter 11 announced - Part 11 - Judge's Opinion
Muttsy replied to Eagle1993's topic in Issues & Politics
This is no small issue. Start tugging on this little piece of yarn and the entire sweater unravels. It’s likely what happens. Why would LDS stay in for a release of exclusively scouting related abuse only to face an onslaught of lawsuits for abuse not occurring at a camp or activity. Many scenarios involve grooming in scouting leading to abuse outside of scouting, etc. LDS would be better off making a clean break with BSA, becoming an Opt-out charter, keeping its 250M AND its BSA insurance rights. Now, what do the settling insurers do with their settlements when all current and future claims involving LDS are not fully released and channeled? LDS is the tail that wags the dog here. -
Chapter 11 Announced - Part 9 - Confirmation Hearing
Muttsy replied to Eagle1993's topic in Issues & Politics
Are you saying a TCC member was disqualified from voting because he had a conflict of interest. Was that disclosed to the UST or to the survivor body?