Eagle1993

I break this up into two separate issues. One is what they plan to do for their employees and the other for scouts & scouters. Most larger companies have affinity groups. From what I have been told, they help those who may feel out of place in large organizations with a clear majority of primarily one group (typically white males). My wife worked in the fossil fuel industry out of college. The vast majority of the workers were white older males. There were times where meetings were held at Hooters and she told them she wasn't comfortable meeting at that location. Their response

One topic I thought I would mention from the TCC's townhall is what they expect to happen if the plan is rejected. There are really three options for the BSA. Exit bankruptcy with no deal. I think at least one church threated that recently (and didn't follow through with that threat). Basically, BSA can exit with no deal and then the individual claims would be pursued in state courts. BSA would have to pay millions in legal fees to defend these lawsuits. TCC doubts BSA will pursue this path and I tend to agree. Declare Chapter 7. BSA has this choice. If they choose this pa

Well ... everything is relative. If you take a look at some bankruptcies, you are talking 5+ years of litigation depending on how much fight you want to put up (on both sides). We are only approaching year 2. This is a very complex case.

I believe this was discussed during a townhall or even on one of our threads here. The strategy the TCC would recommend following based on prior cases (for insurance companies that don’t settle) would be: 1) The settlement trust would take a few of the best legal cases they would have and sue the insurance companies in state court. 2) Insurance companies would likely lose and could lose big (based on their experience in other CSA cases). 3) Negotiations would be ongoing as more cases would be brought. 4) Eventually there would be a much higher negotiated settlement.

This is very tough to predict. As you say, those claimants who watch this closely will likely reject the plan. I have a hard time believing there will be even 66% approval let alone the 75 - 90% needed. The recent Talc bankruptcy had nearly everyone on board (TCC, FCR, debtors, bunch of lawfirms, etc.) and even then they barely got past the 75% mark. From what I can tell... BSA is claiming the Coalition represents 80% of the claimants (or about 65,600). However, 15,000 of those are AIS. Those claimants will be getting a letter from Tim Kosnoff that says vote no. I have a hard time

Note that I moved a few posts to the other thread to keep this one a bit leaner.

Boy Scout abuse survivor recounts horror for first time, says settlement is ‘massive step forward’ https://nypost.com/2021/10/19/boy-scout-abuse-survivor-recounts-horror-for-first-time/ Boy Scouts' settlement plan unjust, Arkansas victims say https://www.nwaonline.com/news/2021/oct/20/boy-scouts-settlement-plan-unjust-victims-say/

My father was an industrial arts teacher for decades. Back in the 1980s, instead of sending kids who were interested in trades to his class, they sent the kids who couldn't behave. Over time, unfortunately, most kids who could behave were shuffled into college prep classes. As those changes occurred, schools began to stop investing in that equipment. Long story short ... many schools may not actually have that equipment. Perhaps the labor shortage in the trades/truck drivers/etc. is an indication of our failures over the last 20-30 years to encourage the trades as much as we encourage

Interesting that the Coalition is leading with a claimant whose primary focus is BSA survival. Is the Coalition’s primary goal BSA’s survival or compensation for victims?

Kosnoff is reporting his letter to clients (I believe that would be all AIS ... about 15,000) has gone out. He is advocating to vote down the plan.

Actually, if I remember correctly, there was a time before the RSA where the case was headed back to a hearing. BSA asked for a delay to work on mediation, the TCC objected but the Coalition concurred. I think that was the first sign of a break between the TCC/Coalition. I expect if it was the TCC alone, they wouldn't have signed onto the RSA. Again, these are just guesses watching the info I have. I think the Hartford deal was a mistake. It came in April of this year, I believe. Around the same time the council contribution was increased to $425M. Before that date, councils I thin

That is true. BSA went all in with Hartford to get this latest deal.

At first I was baffled, but I think it is clearer now. I think there was 0% chance any plan would go to a vote with an LC payment of just 20% of their assets without more, immediate, money coming in. So, where to go for more money? Hartford. Harford probably realizes they owe billions but are willing to settle quickly for much less if given the chance. That allowed BSA to offer a bigger immediate number, allowing enough law firms to get their quick profit and move the plan to a vote. If the BSA didn't get the Hartford deal, I really think they faced two options. Greatly increase

This is not true. The Coalition is asking for $15 - $18M directly from the BSA. It is in the plan. The judge is questioning this and will decide at the hearing. This is on top of the 40% most will charge. Kosnoff is not in the Coalition and will not get that $15M to $18M even if the judge approved it. In the plan document, there is a chart that shows the Coalition payment. As it increases per month, it takes money away from the claimant settlement. When I have more time I’ll post that. Edit: The chart can be found here. Per the plan, the BSA direct pay

Yes; however, they are only covered Jan 1, 1976 and later (per current plan). Pre 1976 they are not covered. Depending on state, they could be sued directly unless they offer payment that all parties accept. LDS offered $250M for coverage of about 3,000 or so claims (not sure fully which of those are pre 1976). The Coalition and BSA said this is now a framework for other COs; however, I have a hard time seeing the Methodist Church coming up with >$200M. Perhaps they will.

Kosnoff's letter to AIS claimants: Kosnoff Letter to 15,0000 Abused in Scouting Clients Advising them To Vote NO to the BSA Plan (yumpu.com)

If a TCC plan is released today, we will create a Part 7 on this topic. Will it be named the Force Awakens? Probably not, but who knows.

I would recommend saving all corespondents with ER. He may be building up a nice malpractice case if he is putting stuff out through AIS (as I thought AIS was a shell of 3 combined firms. You might get more from his law firm and their insurance than BSA.

Those are different classes. Each class must approve by 2/3. The sex abuse claimants are their own class and must approve by 2/3 for BSA and likely 75 to 90%+ if LCs and COs are included. One addition wrinkle. There is a debate if those that select $3500 immediate payout are the same class as the other CSA claimants. There are others that are arguing those outside SOL are a different class. Those decisions will be made later.

What was your reply?

Has anyone seen an article with actual sex abuse survivors saying to vote for this plan? Between twitter, Facebook, this forum and news articles .... every single claimant I can find wants to reject this plan. Note I still expect a large number of yes votes. I think a lot of people will just listen to their attorneys and the coalition is telling them to vote yes. Plus, all who signed over power of attorney to coalition lawyers will be yes votes (unless they take back that power of attorney). However, the public facing claimants seem to be consistently rejecting the deal. So, if it

We have the hearing agenda (at least the current version). Basically, from what I can tell, primary battles over discovery requests. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/963b908b-4745-4ddd-8dce-09e0789f8fbd_6635.pdf Moving Insurers vs Eric Green - Discovery BSA vs TCC and many others - Discovery Paul Mones request to no longer be counsel for client Insurance companies vs aggregators vs Coalition (Discovery of aggregators & Coalition fee request) Law firm fighting against insurance companies over subpoena of aggregators

The two Pennsylvania councils are Washington Crossings & Minsi Trails (note that Minsi is one of the members of the Ad Hoc committee). Total Assets Washington Crossings - $6.45M ($5.8M net) ... $3.9M Net Unrestricted Assets Minsi Trails - $16.7M ($15.0M net) .... $6.7M net unrestricted Current Contributions Washington Crossings - $1.39M Minsi Trails - $2.58M Total CSA Liabilities per TCC: Washington Crossings - $11M - $64M Minsi Trails - $16.4M - $93.4M The TCC statement indicates the PA councils should pay about $14M (based on $58

Scouter.com is not well liked by National and believe me, while we are all scouters, we have various opinions of BSA. I think if BSA fails, we will help build up a new scouting organization. If you want to know what national thinks of scouter.com just read this article .. https://www.buzzfeednews.com/article/tasneemnashrulla/boy-scouts-confusion-about-girls-in-boy-scouts#.pfl5BBjVE We do our best to allow topics to be discussed without editing/censorship. You will find that this forum is much more open than reddit/bsa or reddit/boyscouts or any BSA facebook group. However, there are ti

I only caught a small portion but I believe that they said they are going into the mail this week. So I would expect you see this next week.