LAFAYETTE, Ind. (WLFI) - Boy Scouts of American filed for bankruptcy on Tuesday as it faces sexual abuse cases nationwide.
The 110 year old organization wants to create a compensation plan for past victims of abuse.
Thousands of men who say they have been molested as scouts by troop leaders have filed suits.
By going to bankruptcy court, the Scouts can put the lawsuits on hold for now. But they could be forced to sell off some property holdings to raise money for the compensation fund.
According to the Sagamore Council's Scout Executive Ben Blumenberg, local scouts will not see a change. He provided a statement saying:
"Sagamore Council has not filed for bankruptcy. Meetings and activities, district and council events, other Scouting adventures and countless service projects are taking place as usual. In short, there should be no change to the local Scouting experience. The national organization of the Boy Scouts of America is the only entity involved in the Chapter 11 filing. The Sagamore Council, which provides programming, financial, facility and administrative support to local units and individual Scouts in our area, is separate and distinct from the national organization. Our camps, properties and all local contributions are controlled by our council."
- Boy Scouts of America Files For Bankruptcy
- WSJ: Boy Scouts may file for bankruptcy
- Boy Scouts of America files for bankruptcy. Hundreds of sexual abuse lawsuits are now on hold
- Girl Scouts sue Boy Scouts over name change
- Indiana attorney: More senior citizens filing for bankruptcy
- Boy Scout Troop 335 finding new ways to hold scout meetings during COVID-19
- Boy scouts clean up public access to WIldcat Creek
- Boy Scout Troop 303 celebrates their 90th anniversary
- West Lafayette Scotty's Brewhouse to remain open despite chain filing for bankruptcy
- Forever 21 files for bankruptcy and will close up to 178 US stores