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Chapter 11 announced - Part 14 - Plan Effective


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On 3/4/2025 at 4:04 PM, clbkbx said:

March 1 update: average $516,443 per claim. 

April 1 update: average $534,599 per TDP claim.

  • For the Expedited Distribution, 99% claims determined and 92% paid (6,036 claims)
  • For the TDP, 39% claims determined and 19% paid (58,088 claims)
  • For the IRO, 17% claims determined and 5% paid (230 claims... not all of which are finalized like the ED and TDP) 

If the Trust were to stop here, just based on claims paid amounts (not determined)... they would need just shy of $6B. 

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1 hour ago, skeptic said:

Too little too late, but a step in the right direction IMO.  

 

For someone who has never been a victim Mr. skeptic how do you feel qualified to be able to make such a statement? Are you even qualified at all about what a Child Sexual Abuse victim goes thru in their lifetime? Do you have firsthand knowledge of what it is like to be raped as a child?

Post up the article (which makes me believe the state of Maryland is facing some big-time lawsuits and are trying to limit their exposure since they cannot do the cowardly "file bankruptcy"). Sometimes it is just better to keep your IMO's to yourself, so you don't appear to be so petty.

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10 hours ago, johnsch322 said:

For someone who has never been a victim Mr. skeptic how do you feel qualified to be able to make such a statement? Are you even qualified at all about what a Child Sexual Abuse victim goes thru in their lifetime? Do you have firsthand knowledge of what it is like to be raped as a child?

Post up the article (which makes me believe the state of Maryland is facing some big-time lawsuits and are trying to limit their exposure since they cannot do the cowardly "file bankruptcy"). Sometimes it is just better to keep your IMO's to yourself, so you don't appear to be so petty.

This is a scouting forum and it's fair to express opinions and views.  We should not assume who can and who can not wear a victim badge.  Many people can claim victimhood as few people make it thru childhood unscared.  Scouting is only one venue where bad people did bad things.  Those bad people also existed in youth sports, schools, churches, police, medical and others.  

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3 hours ago, fred8033 said:

This is a scouting forum and it's fair to express opinions and views.  We should not assume who can and who can not wear a victim badge.  Many people can claim victimhood as few people make it thru childhood unscared. 

You are correct it is fair, though maybe not always wise. @skeptic for years has been espousing a view that CSA victims and more specifically BSA CSA victims do not deserve any more than a mere pittance for what they had to endure while under the watchful eye of the BSA. He has made statements where he has said that Survivors are taking money that belongs to today's youth (as if we were thieves). 

Claiming victimhood does not make one an authority on CSA. Rape and abuse of a child has to be one of the most horrific experiences that a young person can endure. To have to live with that pain for the rest of one's life is not an easy thing to endure, I know. Would @skeptic like to put a cap on the amount that could be awarded to a victim of someone who had gasoline deliberately poured on their body and then set on fire? 

4 hours ago, fred8033 said:

Scouting is only one venue where bad people did bad things.  Those bad people also existed in youth sports, schools, churches, police, medical and others.  

And in every one of these venues there should be no cap on awards for CSA.

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