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CynicalScouter

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Everything posted by CynicalScouter

  1. Yes, up to a point. Depending on what state you are in the payment may be as low as 1% or as high as 75%
  2. Point of reference. Blackhawk Area Council last week announced the sale of Camp Canyon to pay for the settlement. After 750+ emails, the council backed down and announced a new plan to pay for the settlement without having to sell properties is coming. I speculated that the alternative plan (to be announced August 2) will be for the council to use its cash instead of property. Canyon Camp was, according to BSA's numbers, valued at $1,668,940. Blackhawk Area Council balance sheet (again, BSA numbers) indicated Cash & Equivalent = $310,974 Land, Buildings, and Equipmen
  3. Canyon Camp is saved https://www.telegraphherald.com/news/tri-state/article_34c2cdb2-92df-5011-8f9e-7f458b7dac12.html And No details and the FB posting says the final proposal will be voted August 2, but if I had to bet they are going to opt to wipe out all their cash reserves in order to save the camp.
  4. When you consider there are councils that have lost 50-70% of their membership in the last few decades, "underutilized" camps start to make sense.
  5. Right, the TCC has said over and over that they do NOT want the Settlement Trust turning into a real estate company. Settlement trustees are not in the real estate business. So cash is great, but properties are next-best-thing. That's why the agreement is written the way it is $200 million in properties OR additional cash.
  6. Some of the older editions are outdated. For example, the appendix to the old (and still on the website) Troop Leader Guidebook allows for patrols to go off on their own without adult supervision. https://filestore.scouting.org/filestore/pdf/512-150_appendix(15)_web.pdf Of course under today's YPT and Guide to Safe Scouting, the answer to "When can a patrol day hike or service project without adult supervision be allowed?" the answer is "Never". https://www.scouting.org/health-and-safety/gss/gss01/
  7. Also, if the patch includes any of the following words, phrases, or images it must be approved by BSA. http://licensingbsa.org/trademarks/ If the COUNCIL is the one purchasing/making the patch, then my understanding is that it is OK since BSA grants the LCs rights to use. But if you want to go out to your local print shop and make your own, no dice.
  8. Yep. But it is interesting to me to see how much of this is being attributed to "If only we kept the gays out in 2013, everything would be fine."
  9. https://www.frc.org/updatearticle/20210712/boy-scouts "After 100 years of teaching future presidents, explorers, and civil rights leaders to follow their moral compass, it's been sobering to watch the Boy Scouts lose their own bearings. And yet, the unhappy ending for one of America's proudest traditions was easy to predict once the organization started chasing the approval of critics it could never win. Now, eight years into this experiment in moral compromise, the country is watching one of the saddest "I-told-you-so" moments of a generation. Disgraced, bankrupt, unpopular, and on the e
  10. As I understand it from talking to my Council and seeing what other Councils are doing It is take it or leave it. Remember that number the LC is being handed was derived from negotiations with the TCC and is part of the agreement that the TCC and others reached with BSA and the Ad Hoc Committee of Local Councils to come up with $600 million. The LCs do not get to negotiate this: this is the price that must be paid in order to be released from claims. LCs do not want to do fire sales because that means they have to come up with the difference in cash. In order to avoid fire sales, c
  11. The Executive Board, although I understand some councils the full council is getting a vote. So, for example just random the Blackhawk Area Council Executive Committee voted July 6 to sell the camp, but the full Executive Board will meet in August to approve the committee's decision. https://www.mystateline.com/news/local-news/former-boy-scouts-decry-decision-to-sell-canyon-camp-to-help-pay-national-sex-abuse-lawsuit/ Yep. That's exactly right.
  12. So, BSA is asking to depose John J. Kinney who is Chief Claims Officer, The Hartford Financial Services Group, Inc. and president of its Heritage Holdings unit. https://www.wsj.com/market-data/quotes/HIG/company-people/executive-profile/117973693 In July 2021 "Kinney's responsibilities were recently broadened to include Operations in addition to his role overseeing Claims." https://www.wsj.com/articles/the-hartford-announces-expanded-roles-for-cio-deepa-soni-and-john-kinney-head-of-claims-operations-01625136872?tesla=y Here's his LinkedIn https://www.linkedin.com/in/john-kinney-a49b4
  13. Got blast email from my council. No details on amounts only that the council voted to sign a “non-binding letter of intent” and that since we have no camp or property it will be 100% cash “to fulfill its share of the total contribution by making an all cash contribution to a settlement trust created under the BSA’s Chapter 11 plan for reorganization.”
  14. Latest filing from claimant asks he be named as "Financial Master" for BSA case, including being named "CEO, COO, and CFO and Chairman of the BSA". His plan to rescue BSA is to get a $100 billion (with a B, billion) PPP loan repayable over the next 50 years. All scouts will be assessed $1200 in fees per year (he thinks current fees are $600 per year) which the scouts will have to pay off via selling...something. Oh, and scouting will overnight go back to 2 million scouts. And for his services as "Financial Master" "CEO, COO, and CFO and Chairman of the BSA" claimant wants $8.4 billio
  15. I should be clear: I think that the first numbers that came out (from Ad Hoc Committee of Local Councils) were wildly off and that the TCC numbers are closer to where they landed. The fact that the TCC signed off on the RSA tells me that the TCC at least sees the LC contributions ($300 million cash, $200 million in property OR cash; $100 million loan) as at least reasonable. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/1d5f346b-47b8-43d3-b4cf-4a0393aa8256_5466.pdf Recall that the sequence was Plan 1 (February 2020 placeholder): $0 from LCs Plan 1.5 (March 202
  16. Right, I am. I know the debt has to be paid. Without going into to the details, precisely because LCs are non-parties, anything done or said is not otherwise protected under attorney/client and under attorney work product. The NDA allows the Ad Hoc Committee of Local Councils and BSA National to share info without nuking those privileges. And the reason I don't think you see or hear LCs clamoring to claim the TCC's numbers are wrong is because I don't think there's much of a conflict between what the TCC is asking for/saying LC financial status is and what the LCs are about to ann
  17. More media coverage on LC assets/what will the LC have to pay https://www.goerie.com/story/news/crime/2021/07/11/boy-scout-bankruptcy-how-much-will-erie-council-give-in-settlement/7894716002/ Of course the sad irony is that the "recommended link" in that article is to a February 2020 article in which the local scout executive was quoted saying BSA's bankruptcy would have no impact on the LC whatsoever. Area Scout chief: Bankruptcy to change nothing in Erie https://www.goerie.com/news/20200219/area-scout-chief-bankruptcy-to-change-nothing-in-erie Now, of course, that i
  18. I believe the argument has been in the past that there's no provision to remove an award that was already given to someone, regardless of what they have done. And I know for a fact this is not the first time BSA has removed a scout for something. I can think of at least two scouts in my district removed after drug arrests. The point is that parents and BSA don't advertise and send out press releases "John Smith has been removed from scouting for his drug arrest."
  19. It really didn't as even Hamilton alluded to. With all the lookback windows and the inevitable wins in state courts, BSA's options were: 1) The race for the courthouse door: Get dragged into various state courts with no or opened SoLs for the next decade, lose or be forced to settle hundreds of cases, run out of assets (or have hundreds of millions in court judgements) and be forced into a bankruptcy anyway. 2) File bankruptcy now and try to parse things out as best as they could. Hamilton's point was also that the best case scenario here would have been a an omnibus settlement
  20. Let me say this: IF (and I mean IF) big if, massive, if. IF the young man identified is the one that National sent a letter to, then I can't blame them. The name appeared in local media. From there it could have gone to the District Executive, the Scout Executive, or both. BSA is not a government entity. There's no right to due process here. No one has to be convicted of anything in order to be tossed out of scouting. Arrest warrant means they convinced a judge there was probable cause a crime had been committed. Moreover, even in @PeterLewis' description it is clear the kid
  21. There are way, way too many missing pieces of this story to be able to figure this out. Without more details, any answer would be 90% speculation (at best).
  22. Marci Hamilton of ChildUSA on Diane Rehm Show about the bankruptcy. Nothing new if you've been reading this forum. In short The deal that has been cut is not meeting with 100% approval by plaintiffs attorneys. Comparisons between the Penn State settlement and the Catholic Dioceses (which was not national) and BSA (which is national) Insurance companies are evil and the insurance companies need to step up with a "gold standard" that gets discounted insurance rates (pilot program coming out) The claims process re-traumatizes and may not be worth it if it is only a few dol
  23. I had a copy of the NDA forwarded to me. They most certainly are under an NDA in order to obtain information as part of this process. The signature line is my council's president. The demands on our council are much, much more than the TCC claimed. It was purported that the TCC wanted to leave councils with 2 years operating expenses. We won't be left with that. We are being forced into a merger as a result. This is likely because our council is 100% cash with no properties whatsoever to sell, making us a very small minority (out of 250 councils, I think around 10% have no camps or offic
  24. This has been a night and day. Got off the phone with someone I know who sits on my council after the voting this week. We have no camp, no real property, and no office, so our contribution has to be entirely in cash. We have around $1.5 million in assets with $250,000 in expenses every year. We are going to have to pay a little over $1 million, including our entire endowment. We'll be left with less than 2 years of operating expenses ($500,000; we'll be left with $450,000). Talks have started to merge into our council next door; the council already voted 2 months ago to me
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