Chapter 11 announced - Part 14 - Plan Effective

[Ojoman]

42 minutes ago, Eagle94-A1 said:

So if the settlement is declared null and void, what happens to the money that councils gave National for the settlement? Will camps on the selling block be put on hold? What about COs that put money towards to settlement? Will post 1970s COs have insurance coverage from National cover any lawsuits against them per the charter agreements?

Too late for our council cub camp.... gone. Of course the silver lining will be all the new billable hours/expenses that the lawyers and law firms can charge. 

[BadChannel70]

There are approximately 300 survivors, and I am one of them, who paid $10k-$20k, to the trust to have our claims settled through the IRO. That's $6,000,000.00 that needs to be refunded back to us if the plan is not confirmed. This doesn't even include the expense of obtaining an Expert Report required for the IRO. Probably a few million dollars more too. Then there is Discovery which isn't free either.

The worst part is those of us who have gone through the 6-hour deposition and/or IRO hearing with the un-settled insurance carriers. My depo went almost the full 6 hours, and my attorneys said their other client's depos are taking just as long. I had to sit there and recount in graphic detail describing the sexual abuse, how long it lasted, when was the 1st time, etc. Yes, the insurance carriers are requiring explicit details about the sexual abuse. 

I suffered panic and anxiety attacks for more than a week after the depo. Day and night.  I had to bring back memories that I had since buried and thought I would never have to recount again to another human being. I felt so ashamed and guilty that I called my attorney back after the weekend. The look and the facial expressions on the court reporter said it all. I wanted to apologize to her for having to sit through and listen to my ordeal. That's no walk in the park for any of us. 

Potentially un-winding this plan to try to add more zeros behind a check isn't going to make what happened any more palatable or bring additional closure. We will live with these awful memories and the fallout for the rest of our lives. I voted "No" on the plan because I didn't like my sponsoring organization getting a free ride on the coattails of the BSA bankruptcy. But after 4 years in this bankruptcy and going through this much re-living of trauma, I want it over. My wife, kids and family want it over too. They have witnessed and experienced 1st hand the toll this taken on me. I dare say the same is true for the other survivors. 

The American Civil War lasted from 1861 - 1865. We are now exceeding that threshold. How much more blood needs to be spilled? Yes, the blood of those survivors who passed away due to age, health or their own hands. 

Edited Monday at 03:52 PM by BadChannel70

[PaleRider]

This plan ain't gonna be shot down.

[PaleRider]

On 10/21/2024 at 6:09 AM, Muttsy said:

 

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.  

 

This plan won't be shot down.