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Showing content with the highest reputation on 07/05/21 in all areas

  1. I forgive you Johnsch322. Now that you are forgiven, what is your address? And what was that thing that smelled so bad you left in the trunk. Happy 4th everyone. It feels good to get silly, if only for a day. Sincerely, The Mutts
    3 points
  2. Being a "registered" Scouter/adult does not mean they are a "Scout Leader". The Pack/Troop can have many "adult registered" and still have many stand back and "I don't have the time" "I don't know anything about this Scout stuff but Susie loves it" "Here's some money, take care of Jake for me" type people. Then too, you can have the "no, no, that's all wrong" type person, too....
    1 point
  3. I’d start with, because they didn’t get their crack at whittling down claims and they wanted BSA and the LCs to take up more of the cash slack so they don’t eventually have to, however that comes to pass. Defend, defend, defend.
    1 point
  4. This is the operative part This is NEW language. It was NOT there before. See page 110 it is in blue, indicating it was added in the latest amendments/Fourth Plan. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/7082572a-2eeb-4a35-bc9b-e515925846fd_5486.pdf That said, there is also a "ARTICLE XII TORT SYSTEM ALTERNATIVE" still listed where the Trustee acts as the judge and jury.
    1 point
  5. I'm sorry Muttsy I didn't know it was you I sold that car to. But you really liked it when you bought it.
    1 point
  6. As suggested, there would probably be a pre-arranged negotiation so that the selected case would pay back to the Trust a significant percentage so that it's a win-win. The claimant if they prevail receives an amount closer to the suggested "value" and other claimants via the trust will share in the trust's "percentage."
    1 point
  7. I once bought a 15 year old BMW from a used car salesman. It kinda went like this. He talked good. The transmission fell out a week later.
    1 point
  8. I am sure that the insurance carrier would be able to defend in court and these would be jury trials. The slam dunks would be cases where the preponderance of evidence would be pretty overwhelming. It would be explained to the jury that the fact that BSA has BK’ed but that fact has no meaning to the facts. If found liable the court/jury would assign damages and whatever portion would be the insurance carriers would have to be paid by them. That is a bit of simplification but it would be a fair process. It is basically what would have happened if BSA did not enter bankruptcy.
    1 point
  9. It can be confusing. I'll try to overly simplify it. A Victims Trust will take possession of the insurance policies. Basically, the BSA "assigns" them. Then, the trust allows some small number of "slam dunk" claims to go to court with much coordination. This will include a negotiated percentage of any award going to the trust so that it doesn't dilute coverage limits for remaining victims. Theoretically these claims will win in court and the insurers will then be liable for paying. String together enough of these and the insurers will want to settle to stop the bleeding. What this judg
    1 point
  10. Yep, 100% agree. Get the kids in the outdoors and the other things (leadership development, etc.) will happen anyway.
    1 point
  11. Modified FIFO: First In, First Out. Those with "Exigentn Health Circumstances" get pushed to the front. Otherwise, it if FIFO. See page 141 https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/1d5f346b-47b8-43d3-b4cf-4a0393aa8256_5466.pdf
    1 point
  12. I think you guys are right on the money. I think that there is way too much focus on teaching lessons and building leaders when the focus should be on having fun outside.
    1 point
  13. I think the point for me is that victims were told to expect big pots of money in the billions if not tens or hundreds of billions and that BSA (and the LCs) were never, ever in a position to offer those kinds of numbers even if they were completely liquidated. So, the question becomes are victims now going to vote against a plan that is "only" $850 million (with insurance TBD) in a fit of anger and confusion that they are being short changed? Or will the message get through that $850 million is really the best/most that can be gotten out of the BSA and LCs and that the next fight against
    1 point
  14. Our pack has a dozen or so boys and girls, and we're struggling to get enough adults to fulfill the 2-deep youth protection policy for all sections.
    1 point
  15. Then you have been defending something you don’t understand. The Bill of Rights protects you/us from the government infringing on our government from infringing on our inalienable rights. Please stop communicating differently because it is not helpful….especially during these trying times in our country.
    1 point
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