Eagle1993

That AND the possibility of freezing of pensions.

Interesting points now coming up. Basically, no defendants want to take sex abuse claims to trial. The losses are big. Juries award large amounts. In addition, there was a case where the jury determined the case was outside SOL; however, still awarded $15K with no reason given. The witness is basically indicating why the TDPs are valid (and why insurance is probably wrong when they say they are too high).

I left for a while and just rejoined and she is going on now about the neutral. Yes, if insurance doesn't want to pay the bill they could get sued. They can fight these in court. She was asking if insurance could force this into court (I think they can by simply refusing to pay). However, she really doesn't like the fact they enter court with a $ amount from the process. I'm confused and she pretty much burnt a day and from what I can tell, almost no impact on the case.

Today lawyer from certain insurers is cross examining an expert witness from BSA ... one who has some expertise in TDPs. Tried to get the expert thrown out, was denied. Now questioning vetting of claims, how it will be possible to really go through all of these claims and likely the cost of the trust and timing, etc. I have no idea why she is going down this path. So far, I haven't heard anything of note but perhaps others are listening more closely.

Further discussions about how to get around SOLs. For example, in Idaho and then elsewhere, plaintiffs used the fraudulent concealment claims. BSA legal team said they saw the legal theory increased after the success in Idaho. There are also other ways around SOLs depending on states.

Certain insurers going after SOLs, showing case after case being dismissed depending on SOL. Also showing Kansas dismissing revival due to constitutional issues. Lawyer claiming this is the only case they are aware of where claims outside SOLs are included. Basically, looking to prepare to show that cases outside SOLs do not have valid claims. (my guess) Note I'm not a lawyer or judging this opinion, just highlighting what was discussed in trial.

Missed this morning so far. Yesterday ... my takeaways. Bankruptcy US Trustee's path is clear .... go after the fact that some releases are being given with no contribution. One of their arguments will appear to be the releases are too broad. The Guam group ... confusion. I wasn't following closely but a lot of objections and it seemed like she was just rehashing prior discussions. AIG & certain insurers ... their path is that the Bates report proves no further insurance settlements are required as the plan was fully funded without them. They w

I expect much of the hearing will be laying foundations for appeal. JLSS will approve this plan. I expect most know that.

He was live tweeting a deposition and exposing info that may have been privileged. Apparently, someone was on video taking cellphone pictures today of the hearing.

Remember back when we discussed here that we were shocked BSA allowed the Bates report to be filed on the docket. We thought it was good to have in mediation, but surprised they put it on the record. Now that is an issue. BSA and others are attempting to prevent the Bates report from being in evidence. AIG is attempting to get that in. Why? Because AIG is saying they don't need to provide anything as everyone is paid in full per BSA (Bate's report). Take this in addition to the Hartford deal as bad moves by the BSA. This isn't 20/20 hindsight ... we called this out immediately afte

No details, just PPT level info. 10 regions, 8 councils by region and the statement in a note "preemptive consolidation". Edit ... They also had a statement about too much collaboration slows us down. Take that as a sign on how this will be done.

Ok, there is a break in the hearing. I'm working while the hearing is in the background. From what I can gleam, AIG is asking how BSA executive committee was involved in pulling together the plan and also to clarify what they plan to do post bankruptcy. Speculation here ... it is almost as if AIG is laying out a case that BSA is attempting to dump most of the cost on insurers, sandbag their current financial situation and then post bankruptcy, show major cost savings and big donors to quickly recover (while insurance bares the brunt of the cost). AIG also spent a lot of time indicatin

Correct. I would assume a pension freeze. Now going through slides ... $400M from donors in by Dec 2023. Place HA bases in trusts. 100% debt free by Dec 2023. Focus on the $400M discussion that was removed as was the pension plan topic. That is being discussed now.

Explore pension elimination. Too much collaboration slows us down.

Focus on "preemptive consolidation" of councils. Going through handwritten notes of DD. 10 regions, 8 councils per region

Ok now certain insurers (AIG counsel) is going over that board retreat at Philmont.

I figured anything like that wasn't allowed ... glad I made the correct decision!

Now discussing details of interactions with the Methodist Church.

I think it was evidence provided by Devang Desai. I was thinking of taking screenshots but then thought that may not be allowed. To be clear ... there was a BSA executive meeting at Philmont in August of 2021 to discuss BSA post bankruptcy. These slides were created to summarize that meeting. Nothing is "approved" but it does give an indication of their thoughts. The actual slides showed was a redline created by certain insurers to show the various edits of the final presentation. So, for example, the original presentation had reduce councils from 250 to 80 and the updated (final) sl

Sorry for typos, but a lot of slides and info. Attempting to capture some of the points. This was from late last year. What is clear is: - Some sort of comment about single scout program (not sure what they mean) - Councils will be reduced ... not sure by how much, but you can see they were thinking >50% reduction - Debt is large - Outdoor was mentioned a lot - Goal of eveyone getting to 1st class - Expand recruiting & fundraising - Improve youth safety - CO model in flux (a bit) but may be getting better...

If you are going to watch any of this ... I'd recommend now. They are going through the post bankruptcy strategy for BSA. For example, th #1 - Become the National Leader in Youth Safety #2 - Grow our Membership by making our program more relevant, easy fun. - Fully digital progrma - Make a single program #3 ... Slide showed reduct of council down to 80 (that we removed and changed with streamline) Change how girls are included ... missed the details

I'm attempting to find the PPT being reviewed. It shows what is going to happen to BSA post bankruptcy. CO model may need to be replaced ... Councils in trouble ... $400M of debt. Very interesting. Apparently, it was from a Philmont executive meeting and a redline posted from Certain Insurers.

For camping I use StarBucks via packets. They are easy to use and just require hot water. I know others who look like they are doing science experiments when creating coffee ... yes, it does taste a bit better but the vias are good enough and much easier.

New topic created as confirmation hearing starting today. SCOUTER Forum

Confirmation hearing starts today, 10AM Eastern Time aaa8a70d-a7ec-4442-b5fc-9854abbf2a35_9262.pdf (omniagentsolutions.com)