The fate of the Boy Scouts of America’s $2.7 billion bankruptcy settlement is in limbo after preliminary voting results revealed less support from sexual abuse survivors than the organization had hoped.
The Boy Scouts’ Chapter 11 proposal to compensate approximately 82,500 child sexual abuse claimants narrowly missed the 75% approval mark that the nonprofit targeted to overcome pushback in court. Roughly 73% of the 54,000 victims who cast accepted ballots voted in favor of the plan, while nearly 15,000 voted to reject the deal, according to a tally filed late Tuesday in the U.S. Bankruptcy Court for the District of ...
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