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Dover (USA), March 28 (AP) — A federal district court judge upheld approval of a $2.4 billion bankruptcy reorganization plan to resolve tens of thousands of child sex abuse claims against the Boy Scouts of America.
The ruling, released Tuesday, rejected arguments by non-settlement insurers and attorneys representing dissenting abuse survivors that the restructuring plan was not proposed in good faith and improperly disenfranchised insurers and survivors.
The ruling follows a ruling in September in which U.S. Bankruptcy Judge Laurie Selber Silverstein approved the plan. The plan will keep the Irving, Texas-based Boy Scouts of America operating while compensating tens of thousands of men who claim they were sexually abused as children while participating in the Boy Scouts. (Associated Press)
(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)
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