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Boy Scouts of America looks to bankruptcy as membership falls, lawsuits mount
Market Watch ^ | 12/13/2018 | By Katy Stech Ferek

Posted on 12/13/2018 7:07:04 AM PST by SeekAndFind

The Boy Scouts of America is considering filing for bankruptcy protection as it faces dwindling membership and escalating legal costs related to lawsuits over how it handled allegations of sex abuse.

Leaders of the Boy Scouts, one of the country’s largest youth organizations, have hired law firm Sidley Austin LLP for assistance with a possible chapter 11 bankruptcy filing, according to people familiar with the matter.

Founded in 1910, the Boy Scouts of America says that more than 110 million people have participated in its educational programs, which promote outdoors skills, character-building and leadership.

The Boy Scouts have been at the center of sexual-abuse scandals in the past, and the organization is facing a number of lawsuits that allege inappropriate conduct by employees or volunteers in incidents dating back as far as the 1960s. Filing for bankruptcy would stop the litigation and would give the nonprofit a chance to negotiate with victims who have sued.

(Excerpt) Read more at marketwatch.com ...


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KEYWORDS: bankruptcy; boyscouts
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1 posted on 12/13/2018 7:07:04 AM PST by SeekAndFind
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To: SeekAndFind

Let’s let homos take our kids camping in the woods - what could go wrong?


2 posted on 12/13/2018 7:08:03 AM PST by Psalm 73 ("I will now proceed to entangle the entire area".)
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To: SeekAndFind

Search is your friend.


3 posted on 12/13/2018 7:08:48 AM PST by Obadiah
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To: Obadiah

Another American institution destroyed by the commies.


4 posted on 12/13/2018 7:10:04 AM PST by HighSierra5
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To: SeekAndFind
In relation to the above, it's time to look at some recent history...

Boy Scouts, Reversing Century-Old Stance, Will Allow Transgender Boys

First came acceptance of gay and transgender Scouts. Now girls can be Boy Scouts

Boy Scout leaders vote to end ban on gay adults

Why am I NOT surprised at this news?
5 posted on 12/13/2018 7:10:42 AM PST by SeekAndFind (look at Michigan, it will)
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To: SeekAndFind

Allowing girls was the last nail. How uttely retarded.


6 posted on 12/13/2018 7:12:36 AM PST by Phillyred (Kieran Hussie)
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To: SeekAndFind

The reprobate BSA (or whatever they call it now) upper leadership is solely responsible for the destruction of this once-great institution. May they burn in hell for it.


7 posted on 12/13/2018 7:15:04 AM PST by fwdude (Forget the Catechism, the RCC's real doctrine is what it allows with impunity.)
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To: Phillyred

The first nail got me.


8 posted on 12/13/2018 7:15:25 AM PST by fwdude (Forget the Catechism, the RCC's real doctrine is what it allows with impunity.)
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To: SeekAndFind

Liberals destroy everything.


9 posted on 12/13/2018 7:15:36 AM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: HighSierra5

On one hand, an institution that taught honorable things is being destroyed by homosexual scandals. One more institution that will not teach young fellows to be morally straight and to have a sense of honor. On the other hand, it is a large collection of boys and that means a large recruiting ground for homosexuals. Destroy the organization and the large recruiting ground goes away.


10 posted on 12/13/2018 7:15:46 AM PST by 17th Miss Regt
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To: Phillyred

RE: Allowing girls was the last nail. How uttely retarded.

So, what happened to the Girl Scouts?


11 posted on 12/13/2018 7:16:15 AM PST by SeekAndFind (look at Michigan, it will)
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To: Psalm 73

Just like churches, if you start taking money from corporations (or government) you have bound yourself.

Boy Scouts Admin were living large in the 80s and 90s as companies like Intel, GE and others gave them money. When the pervert lobby took over corporate America, their social policy changed too.

its tough to give up nice salaries, offices, and facilities - so you do your best to find compromise. And thus the destruction begins.


12 posted on 12/13/2018 7:18:55 AM PST by PGR88
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To: Obadiah; SeekAndFind
Search is your friend.

What are you talking about, my FRiend? Yes, you posted a story on the same topic yesterday. https://www.freerepublic.com/focus/f-news/3712551/posts

However:
- Different title
- Different publication
- Behind a paywall

13 posted on 12/13/2018 7:19:32 AM PST by Menehune56 ("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
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To: SeekAndFind

110 million people have participated in its educational programs, which promote outdoors skills, character-building and leadership. ............................. and a Gateway to what? Yeah, right, tell me about it. It needs more volunteer parental participation when on camping trips. I remember what happened in the late 30’s when they combined the male female groups for that German guy. Do we expect it to be different here dealing with raging hormones?


14 posted on 12/13/2018 7:19:43 AM PST by Bringbackthedraft (What is earned is treasured, what is free is worth what you paid for it.)
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To: SeekAndFind

When I was growing up, fathers would fight to see who would become the neighborhood Scout leader and there was a lot of participation and support of boy’s fathers and mothers

Never any hint of my sexual misconduct

Lot of fun, even if we never did catch any snipes

Progressive liberals destroy all that they touch


15 posted on 12/13/2018 7:23:03 AM PST by rdcbn
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To: Phillyred
Allowing girls was the last nail. How utterly retarded.

After 15 years as an ASM, that's when I quit.

A bunch of other families and leaders quit five years ago when the policy re. queers was changed. I stayed for a couple reasons: chartering church bylaws seemed to protect the Troop and I thought the BSA cache' would survive.

16 posted on 12/13/2018 7:23:18 AM PST by Ken Regis
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To: SeekAndFind

“So, what happened to the Girl Scouts?”

They traveled this same path before the BSA by having strong lesbian leadership that took them away from traditional Girl Scouting so they could show girls the shining path of Hillary C. and Michelle O. that success in life is how well you compete against males. Girls who were interested in outdoor activities had few leaders who were capable of teaching the skills so they just fell away from GSA. Some picked up on co-ed programs in Boy Scouts when they reached their teens, Explorers and Venturing.


17 posted on 12/13/2018 7:25:47 AM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: SeekAndFind

The take away from this life lesson: never compromise with the left. Never think they will be satisfied by meeting you halfway. Never ever!


18 posted on 12/13/2018 7:27:31 AM PST by Sir_Humphrey (Strong minds discuss ideas, average minds discuss events, weak minds discuss people -Socrates)
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To: PGR88

A short and excellent summary of how corporate money came to call the tune at BSA, despite having a clear SCOTUS victory on freedom of association. Putting a face to the $$$, the recently fired SOS Rex Tillerson used XOM money to pull the tiller to the left during his time with BSA.


19 posted on 12/13/2018 7:30:25 AM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: SeekAndFind

“So, what happened to the Girl Scouts?”

Oh, they’re still working on their merit badges for campfire-making and abortion.


20 posted on 12/13/2018 7:35:14 AM PST by moovova
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