Boy Scouts Bankruptcy Filing 2020
A warning that this conversation may disturb some. Boy Scouts future uncertain after bankruptcy filing Nation Feb 18 2020 1042 AM EST Barraged by hundreds of sex-abuse lawsuits the Boy Scouts of America filed for bankruptcy. Boy Scouts Of America File For Bankruptcy Amid Wave Of Sexual Abuse Lawsuits National News Us News Proposed Counsel for the Debtors and Debtors in Possession. Boy scouts bankruptcy filing 2020 . In its Tuesday filing Boy Scouts estimated about 1 billion in assets and between 500 million and 1 billion in liabilities. Boy Scouts future uncertain after bankruptcy filing The Chapter 11 filing in federal bankruptcy court in Wilmington Delaware sets in motion what could be. This comes as membership has declined and as lawsuits against the organization have grown. The national organization has filed for Chapter 11 bankruptcy which is also known as a financial restructuring to achieve two goals. Chapter 11 bankruptcy is also referred to as reorganization. Comp...