Eagle1993

Ah ... clarity. The deadline was extended now until Feb 7 at 4PM for some parties. TCC was granted an extension until Feb 9th.

DOJ raising 5th amendment concerns in addition to those that have been previously brought up. Said the plan is unconfirmable and the judge needs to reject it.

Ok, now I am confused. I thought objections were due the 4th. Microsoft Word - 2022-02-07 ZS Claimants Objection to BSA Plan.DOCX (omniagentsolutions.com) Zuckerman now objects ... that is a big one, 1,780 claimants.

More details from the Guam objectors from a specific law firm. c86cabc6-3501-4653-aea5-9892d2260ed3_8708.pdf (omniagentsolutions.com) 72 of the 73 voted against the plan. Their issue isn't national. Their concern is the release of non debtors. I found their objection interesting as it uses the BSA, LDS, Roman Catholic Church and other's statements that the toggle plan is feasible. This objection was pretty clear and I struggle to see, under the current plan, how it could be ignored. TCC indicated that the current plan isn't legal due to its releases. I'll be interested t

Quick update on schedule Dec 29 Deadline to serve discovery on voting, settlements Jan 4 Preliminary voting report Jan 5 Rebuttal expert reports due Jan 7 Deadline to serve responses/objections to voting/settlement discovery Jan 14 Document production regarding voting/settlement due Jan 17 Final voting report deadline Jan 28 Deposition of expert witness & fact witnesses due Jan 31 Deadline to identify trial witnesses Feb 4 Plan objection deadline Feb 10

Do I think the end of the bankruptcy will go beyond February 2024? While the trust will definitely still be open (per plan I think it goes until 2036 or so), and large payments may not be paid by then ... BSA will likely have emerged. I'm not 100% sure, but with TCC & likely other major law firms talking it sound like we may have a plan that can go through confirmation. Yes, the courts can definitely disrupt this ... but I still don't see it take until beyond Feb 2024 for BSA to exit. I do think there is still chances for major setbacks. For example, I would not be surprised to s

I think we may see a split in survivors. Those with strong cases (or the abuse was already front & center in their life) and good law firms ready to go after LCs and COs in state court vs those who, like you, are ready to be done and are ready to move on. How the courts/plan balances those groups will be interesting.

So, objections filed by the following: Endurance American Insurance company, Endurance American Specialty Insurance Company, Trader & Pacific Insurance Company, Travelers Casualty and Surety Company, St. Paul Surplus Line Insurance Company, Gulf Insurance Company, Allianz Insurers, Liberty Mutual Insurance Company, AIG, Munich Reinsurance American, Inc., Markel Insurers, Everest National Insurance Company, Claimant I.G. Norwich Roman Catholic Diocesan Corp, Roman Catholic Ad Hoc Committee, Archbishop of Agana Guam Committee Eric Pai Girl Scouts of Ameri

Note that none of these should be surprises. There will be many objections. I'll be watching for TCC, DOJ and Zalkin ... those were the big groups holding back support. The GSUSA objection is garbage (technical term). They are owed nothing. I'm sorry, but asking for millions of dollars because BSA let in girls ... come on. Even the district judge overseeing their lawsuit is about ready to throw it out. They should get nothing.

Objections: Girl Scouts of America 36057865-57ec-4d7c-b736-b8a5499747e8_8679.pdf (omniagentsolutions.com) Jarred Pai Estate Microsoft Word - Confirmation Objection.New (002).docx (omniagentsolutions.com) Waichman Lawfirm (354 claimants) cd84befd-c5be-4563-96f9-4cc1e5da73af_8676.pdf (omniagentsolutions.com) AT&T 70a1785a-81b0-46bb-a068-861d27ed5c58_8675.pdf (omniagentsolutions.com) Everest Insurance Company e4877259-c67e-4843-a7e8-a041440ce92d_8672.pdf (omniagentsolutions.com) Note that hearing has now pushed out to Feb 11.

Objections coming in. 72f3eb09-44db-46d5-870b-3137e3e48f42_8674.pdf (omniagentsolutions.com) This one was a clear summary of an objection by a Jane Doe. Jane was an explorer scout who was sexually abused in 2013. Prior to bankruptcy, Jane sued the BSA, Town of Trumbull and certain individuals. Now, with this bankruptcy, the Town of Trumbull will be covered (and I don't think they paid a dime). I think this is where the plan gets really tricky. While the case can proceed against the PO (and it is) she can no longer sue certain individuals, or the Town given the current re

I found that National is dictating the board of LCs. The size, members, etc. Now, how much that actually changes each board, I have no clue. Before, it was up to local councils on the size and composition of their board. The bolded language below is new... They eliminated the local council chair cabinet ... not sure if this exists today, but that is gone so at minimal it was a proposal that was rejected.

15dbaff5-5871-4ffd-a73c-0395915da442_8647.pdf (omniagentsolutions.com) Amended plan ... new BSA bylaws listed. They reduced their board to no more than 64. Reduced executive board to 40. Reduced term to 1 year. A lot of changes to the relationship between National and councils in terms. They are also indicating the size of council boards. ... I recommend reading the blackline if interested in this.

Dietrich Knauth on Twitter: "A Delaware judge has allowed non-debtor releases in Mallinckrodt's bankruptcy, overruling Rhode Island's attempt to sue the company's CEO for allegedly negligent oversight of opioid sales." / Twitter This is big. Now the third circuit district court is going to see a bankruptcy with non consensual non-debtor releases. One key here is that the only objector, Rhode Island, represented only $1M of a $5B settlement. The bankruptcy judge indicated that he believes the value of the claims who object matters. In any case ... it may be a chance to see a

Quick update from TCC. Tomorrow is the deadline for plan objections ... don't be surprised if the TCC doesn't file any. Mediation is going well per TCC. (They already have prior objections they can likely use). There is movement on all three of their pillars (money, youth protection and leadership of the trust). No specifics. Doug Kennedy has taken the lead on youth protection and BSA is listening. "1000s" of documents are being exchanged during mediation. They said if they don't get the money they believe that is needed, they are also working to cut costs of the trus

Court just scheduled a status hearing for Feb 9. 020322 Notice of Status Conference Feb. 9 (omniagentsolutions.com)

There is a chance this may be interesting. Earlier this week, a joint statement was read in court that significant progress has been made by all mediation partners and to expect an update late this week. While TCC cannot be specific about anything (unless it hits the docket before their meeting) you may get some clues as to status of the discussions. This is their first townhall in a month. I believe the last Coalition update was the day the vote results came out. Again, don't expect details, but you may get their opinion on where this is headed. The TCC will be returning t

That number was mentioned by an insurance company lawyer Tuesday this week. It was in relation to the request from the Roman Catholic Church to the insurance company to describe how the settlement impacts Chartered Org insurance policies. I don't think there is any way 40,000 or 100,000 would be sued ... just that to look at all of that insurance is impossible.

To be fair, I think you can definitely see some lawyers giving up on this case and looking to cash in. They just want the check now.

Yes, for the lawyers, I agree. For lawyers, the best case now is a quick settlement. I am talking as a claimant.

Not really. Let's say you get $30K today. The court case has taken 2 years. Let's say it takes 2 more years. So, today .. you invest $30K at a 6% rate of return, after 2 years, you would have $33,708. So, even after paying 40%, the a $6,180 increase would be match your return ... so anything more than $6,180 would be worth it economically. That means, doubling the court case would require about a 21% increase in settlement.

Based on what I have seen in other lawsuits. I think it will depend on the case & liability. From what I have seen, a lawsuit could be filed against all of the following: National BSA (that will be dismissed due to bankruptcy) Local Councils Chartered Org Unit Leader(s) Individual Each of these groups will be asked to be dismissed. The judge could say ... looking at the facts, I see that XYZ has 0 liability and so they cannot be included in the lawsuit. Then, whoever remains, a could be sued. I believe either a judge and/or jury would then ass

I went ahead and moved these to the correct thread.

While I am not 100% on board with everything Mike Rowe says, I think he has a lot of valid points. We need someone, like a Mike Rowe, who sees the gaps that exist in kids today and how scouting can fill them. I would be perfectly happy with less emphasis on advancement/uniforms and more emphasis on exploring skills and getting outdoors, adventure and patrols/youth leadership. I bring this up as any group that is facing crisis must ask ... why are we here? I wonder ... what if we eliminate all ranks in Scouts BSA except Eagle. I'm not saying we do that, but personally, I could

I agree. I think the parties all want a broad settlement that is robust legally. Now, there is a chance, that the district courts all agree that nonconsensual releases for non debtors are no longer allowed, but I get the sense that the judge will push through one that complies with the law as she sees it today. Yes, BSA floated the national only, but that was a threat not a real proposal. I saw that as a ... well, you want to see how bad this can get ... I don't see that getting 66% of the vote. My guess as of today is that there will be a mechanism for LCs & COs to be incl