Boy Scouts Propose $300M and Norman Rockwell Paintings to Settle Sex Abuse Claims
The Boy Scouts of America, struggling to stay afloat while compensating tens of thousands of survivors of past sexual abuse, on Monday pledged to provide a victims’ trust fund with at least $300 million from its local councils and proceeds from insurance policies and the sale of a collection of Norman Rockwell oil paintings.
The offer was detailed in a reorganization plan submitted by the Scouts, which filed for bankruptcy protection last year amid a wave of new sex abuse lawsuits after several states, including California, New York, and New Jersey, expanded legal options for childhood victims to sue.
The 379-page plan, filed late Monday in U.S. Bankruptcy Court in Delaware, did not place a total on how much the 111-year-old youth organization is willing to pay to settle more than 85,000 sex abuse claims by former scouts.
