Abuse claimants call chap. 11 Plan “ Road To Nowhere ”

By Theodore Carrington Last updated Apr 27, 2021

Law360 (March 17, 2021, 7:39 p.m. EDT) – Sexual abuse claimants in the Boy Scouts of America Chapter 11 case told a Delaware bankruptcy judge on Wednesday that the Boy Scouts’ proposed bankruptcy plan was of little help. hope to get confirmation, calling is a “road to nowhere”. But the debtor said the ongoing mediation was going well.

In a virtual hearing, plaintiffs’ representatives had a less optimistic view of the plan, which calls for a disclosure statement hearing on April 15, than the Boy Scouts. An attorney for the future claims representative said his client did not support the plan and was concerned his lawsuit was wasting assets …

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