Boy Scouts of America file for bankruptcy amid sex abuse cases

Boy Scouts of America file for bankruptcy amid sex abuse cases

They weren’t prepared for this. The Boy Scouts of America has sought bankruptcy protection in an effort to stop thousands of sexual abuses claims ending up in court.

The organisation filed for bankruptcy in Delaware early on Tuesday, according to court documents. As a result, all civil suits against the youth organisation will be suspended, CNN reported.

Mark Veteto, Camp Ranger for the Maple Dell Scout Camp, owned by the Utah National Park Council of the Boy Scouts of America, closes the front gate in Payson, Utah.

The New York Post reports that through the bankruptcy filing, the organisation will likely have to pay victims, but will also avoid lengthy and damaging jury trials in a number of states.

“The BSA cares deeply about all victims of abuse and sincerely apologises to anyone who was harmed during their time in Scouting. We are outraged that there have been times when individuals took advantage of our programs to harm innocent children,” Roger Mosby, the Boy Scouts’ president and chief executive officer, said in a statement.

Kerry Lewis, left, leans into his lawyer Paul Mones after the verdict against the Boy Scouts of America was announced in a sexual abuse case in Portland.

“While we know nothing can undo the tragic abuse that victims suffered, we believe the Chapter 11 process — with the proposed Trust structure — will provide equitable compensation to all victims while maintaining the BSA’s important mission,” he added.

A poster for the Boy Scouts of America which has filed for bankruptcy.

The Boy Scouts have struggled with declining membership and rising costs, the New York Post reported earlier this month.

The group has $US1.4 billion in assets, according to its 2018 tax filing, and would also have to publicise the bankruptcy to reach as many victims as possible, lawyers previously told the New York Post.

US President Donald Trump waves after speaking to Boy Scouts during the National Boy Scout Jamboree at Summit Bechtel National Scout Reserve in Glen Jean, West Virginia.

This article originally appeared in the New York Post and is republished here with permission