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The lawyers are now trolling


SteveMM

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They even have FAQs about BSA bankruptcy.

https://scoutbankruptcy.crewjanci.com/

Includes this gem:

As lawyers prepare hundreds of new lawsuits, the pressure on the BSA’s finances is significant. Whether the impact is ultimately fatal for the organization is likely to depend on the ability of the BSA, its insurers, and victims (through their attorneys) to reach a reasonable compromise through the bankruptcy process . If Boy Scouts of America are unable to come to a reasonable arrangement, the organization could be forced to sell off assets, including camps and large areas of land that are thought to be worth around $1billion combined.

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1 hour ago, Eagle1993 said:

. If Boy Scouts of America are unable to come to a reasonable arrangement, the organization could be forced to sell off assets, including camps and large areas of land that are thought to be worth around $1billion combined.

I think the valued assets on the IRS form were listed at $1.4 billion.  That is listed value.  Not sure how much all that might be worth if forced to liquidate.  Assume some (large portion) of that is the value of the name and copyrights on writings.  If the BSA liquidates, that value is sort of nil

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2 hours ago, SteveMM said:

 I don't deny that many people were hurt before youth protection policies were put in place, but the lawyers are now trolling as a way to make money.

Sad part is these and the other lawyers have little or no real desire to compensate and help victims.  If they did then this would handled in a different manner, with the focus on getting the proven victims assistance.

This is lawyers eyeing the billion + in assets, dreaming of a new vacation home, and suing the BSA.  Yeah yeah, the victims will get some crumbs....maybe

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25 minutes ago, Jameson76 said:

Sad part is these and the other lawyers have little or no real desire to compensate and help victims.  If they did then this would handled in a different manner, with the focus on getting the proven victims assistance.

This is lawyers eyeing the billion + in assets, dreaming of a new vacation home, and suing the BSA.  Yeah yeah, the victims will get some crumbs....maybe

So true.  At the end of the day, these lawyers are just another company and the product they are selling is lawsuits against the BSA.  I expect to see TV adds soon by the lawfirms on the low cost TV channels.

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