BSA Bankruptcy

Filed Feb 18th, 2020

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Overview


Email to the US Trustee of the Boy Scouts of America Bankruptcy - March 6, 2025
Letters to the US Trustee of the Boy Scouts of America Bankruptcy
Our Letter to the BSA CEO - February 18, 2024
Tort Claimants' Committee ("TCC") Settlement Demand Letter - March 26, 2021

On February 18, 2020 (the "Petition Date"), the national organization of the Boy Scouts of America (the “BSA”) and Delaware BSA, LLC (collectively, the “Debtors”) filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to achieve two key objectives: equitably compensate victims who were harmed during their time in Scouting and continue to carry out Scouting's mission for years to come. No local councils or other entities are included as Debtors in these cases.

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Bankruptcy Voting Results


82,209
56,536
48,461
25,673
8,073
ONLY 58.95%
ACCEPTED BY
ALL CLAIMANTS
31.22%
DID NOT VOTE
41.05%
REJECTED
OR DID NOT VOTE
7,487
ELECTED
EXPEDITED DISTRIBUTION
ONLY 85.72%
ACCEPTED BY
THOSE THAT VOTED

Boy Scouts Settlement Trust Contributions

Source Type Amount
Net Unrestricted Cash
and Investments
Cash $58.9 million
Warehouse and
Distribution Center
Real Property $11.6 million
Scouting University
(net sale proceeds)
Cash $1.9 million
Artwork Asset $59.0 million
Oil and Gas
Interests
Asset $7.6 million
BSA Settlement
Trust Note
Note Payable $80.0 million
Total Estimated
BSA Settlement Trust
Non-Insurance Contribution
$219 million
  • There are tens of thousands of churches, schools, and several other entities that are Charters. (View All)
  • Liability releases for these non-debtor third parties in the BSA plan, potentially extending to tens of thousands of entities, is unprecedented, and part of what makes this a landmark bankruptcy if settled as currently proposed.
  • Charters with Most Claims
Coming Soon
  • BSA Camps (View All)
  • Norman Rockwell Paintings
  • Petroleum Investments

BSA Bankruptcy Court Info

Boy Scouts of America and Delaware BSA, LLC

Case No.
20-103433 (LSS)
Court
District of Delaware
Judge
Hon. Laurie Selber Silverstein
Filed
Feb 18, 2020
Phone
866-907-2721
Bar Date
Nov 16, 2020