Boy Scouts of America Emerges From Chapter 11 Bankruptcy

April 19, 2023, 4:23 PM UTC

Boy Scouts of America said it has emerged from Chapter 11 bankruptcy and confirmed its court-approved plan of reorganization will establish a Victims Compensation Trust that is currently valued at $2.4 billion.

  • NOTE: September, Boy Scouts Win Court Approval of $2.46 Billion Abuse Fund (1)

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Ilya Banares in Toronto at ibanares@bloomberg.net

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Chakradhar Adusumilli at cadusumilli@bloomberg.net

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