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Showing content with the highest reputation on 01/17/21 in all areas

  1. My Council Key-3 hosted a annual review/update. While much of the focus was Council ops, the bankruptcy came up. The Key-3 were somewhat limited in terms of what they could say, but the broad strokes: 1) At least SOME of the plaintiffs lawyers "want us [BSA] dead." That message is coming through loud and clear 2) National's lawyers and the Committee of Councils have put liquidation(s) on the table as a warning/threat and given the TCC/Plaintiff's lawyers two options Option 1: TCC/Plaintiff's lawyers take a restructuring deal that does NOT result in the liquidation/death of BSA a
    2 points
  2. It's actually not yellow journalism. It might be one sided, but it's factual. It could have been worse because it didn't go into many other related aspects of this case that continued well into the 2000s. Whatever you think of what's happening to BSA, you have to be impressed about what that young kid endured and how hard he worked to make sure it stopped happening to other kids at great cost to himself.
    1 point
  3. Except those trademarks may be the ONLY thing that they can't sell. Why? 36 U.S. Code § 30905 grants the "Exclusive right to emblems, badges, marks, and words" to Boy Scouts of America ("National") In order for the bankruptcy court to order the sale of the trademarks, the court would have to (in effect) overturn an act of Congress and somehow find 36 U.S. Code § 30905 not binding? Unconstitutional? I do NOT see that happening. What I've said since the beginning is this: National (the corporate entity created by Congress) survives with $0 assets and whatever Congress granted
    1 point
  4. Agreed ... This article, with only 5,000 claims, was estimating the fund would be on the order of $5B. Assuming insurance would have to cover 70%, BSA would need to come up with $1.5B. I can't imagine BSA not liquidating with 95,000 (or 85,000) claims. It's over for National. I fully expect 100% liquidation. Sell everything, including trademarks (good bye Eagle Scout). The lawyers will collect their fees and move on to COs & Councils. At Stake in Boy Scouts’ Bankruptcy: $1 Billion in Assets, or Much More - The New York Times (nytimes.com) Very sad .... I hope I'm w
    1 point
  5. Great! Only a mere 85,000 left! Total BSA liquidation (including sale of all HA bases and liquidation of the OA account) = ~$677,000,000 $677,000,000/85,000 = $7964. They are going after Councils and COs. Guaranteed.
    1 point
  6. So, basically, the lawyers are running up bills and trying to eat each other, so to speak while those of us that actually care are left in the wind without any real idea how to procede, other than to keep the local units running? Am I about right? As I have stated before; this would not likely be happening almost anywhere else in the world, as our legal/tort system is really messed up and cares only for the money involved. Just my old, and tired opininon of course. .
    1 point
  7. Arizona man says LDS Church threatened expulsion for abuse report So, I pulled the case from the court. Even though the plaintiff is a John Doe, I an not going to link to the case. I will simply note the following 1) The defendants include both the The Corporation Of The President Of The Church Of Jesus Christ Of Latter-Day Saints and The Corporation Of The Presiding Bishop Of The Church Of Jesus Christ Of Latter-Day Saints. They are going after the whole organization. 2) The local Bishop is named in his person/personal capacity. 3) The local council is named.
    1 point
  8. That is not at all what they said. No one is talking about withholding info, it just isn't a responsibility of the leader to cover each and ever award.
    1 point
  9. We forget , as Mashmaster notes, it is (or should be) up to the Scout. Not every Scout will earn every award. Life is more than piling up bling. Scoutson earned Eagle. His time in the Troop was spent helping other young Scouts. He was the Totin' Chip Instructor. Had no interest in OA, or Seascouts (he went to Seabase, had his own sailboat, loved canoeing), or Venture Scouts (active in 4H, won awards for Rabbit breeding, earned Diamond 4H Award) , did not want to devote any time to the religious awards (altho he had more than half already accomplished just by "habit" and osmosis). Mom
    1 point
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