ThenNow

I agree with the last paragraph. I’ve spoken with people in the know and they believe the risk to JLSS and the case is too great if she starts tossing votes. The underlying problem, of course, is are there substantively invalid claims that are being counting on either side? Personally, and this is from knowledge of attorneys working the “reject” side, I don’t think invalidity is going to be high among most firm’s clients. From what I know, they did too much rigorous vetting for that to get by them. My opinion. The issue may not matter. I doubt much if any review will happen prior to getting be

The claims are/will be against the Settlement Trust, that's why we all have to repeat a proof of claim process and then even more extensive and intensive. This time, we will be subject to examination by the Trustee and other manner of litigation-style poking and prodding.

I'll hazard an amateur comment. Even in an auto accident, insurance companies don't give up money without a release. There's nothing saying they have to "contribute," especially when BSA's liability has not been adjudicated. All third-party non-debtors are simply trying to buy their ticket to freedom from this mess, ala the Sacklers. BSA can lay CSA claims at the carriers' doors all day long, but as with any other insurance claim, they ain't payin until they're either made to through litigation or they deem it to their best calculated advantage. Right now, we're in the latter scenario. In this

I would very much like to see a deep dive into how this oft-repeated statistic breaks out. How many is "many" and are there any patterns to be seen between the multiple victim abusers and the single victim abusers? Patterns could include timeframe, geogrpahy, the source of the claim, as in law firm or aggregator, and etc. (I fear we will never know what really happened in this case, both as to the abuse and the mess this has become. I digress.) I don't know that many BSA CSA survivors, but the majority were abused by someone who abused other Scouts. In my case, as I've said, I wouldn't be

(Reposting this here. Perhaps it was misplaced on the "All Legalese, All the Time" thread.) Jan 19 (Reuters) “The University of Michigan said it would pay $490 million to 1,050 people to resolve claims of sexual assault against a former sports doctor, in a settlement spanning decades and involving mostly male athletes as victims.” https://www.reuters.com/world/us/university-michigan-agrees-490-mln-sexual-abuse-settlement-ap-2022-01-19/ When you read the article, note the nature of the abuse in comparison to this context. Any and all sexual abuse is egregious, but t

Wee. Nigh onto my per diem back in the Wild West working world of 80's expense accounts. YeeHaw. I knew attorneys who billed clients for fresh (new) French cuff shirts while traveling. Nary an eye blink. (This is related and relevant to the topic because it is unpacking potential costs and fees associated with the case. True fact, as a good friend used to say.)

What’s the daily burn rate these days? Not my bailiwick, but if she can ditch a mediator with a flick of her wand, it would seem so. Right? In the event that happens, the “substantial contribution” argument by which they advanced the request (demand?) for payment of BrownRudnick’s fees would almost certainly go bye bye. Substantial contributor and obstructionist perch on the opposite ends of the teeter totter, me thinks.

https://www.reuters.com/legal/government/latest-vote-tally-boy-scouts-27-bln-abuse-settlement-falls-short-goal-2022-01-18/

You suggested several reasons for the cancellation. I’ve been asking everyone I know who might have a clue, including insiders and press. No one has been able to say. If weather, how can that shut down a hearing that is 100% virtual, other than Judge’s chambers? I guess the Delaware forecast might justify that and this is, after all, just another bankruptcy hearing, other than for those fully vested. As to COVID among key players, I suppose we may never know. I have had all three strains, but count myself blessed not to have been extremely sick. For 98% of the people I know who have/had Omicro

As Omni suggested. Knowing a little about some of the firms who used the ballot, I would be surprised if they failed to button up and batten down the hatches on their paperwork.

Sex abuse claimants torn over Boy Scout bankruptcy plan “If West Seneca resident Tracy Peterson had been sexually abused as a child in New York, his claim in federal bankruptcy court against the Boy Scouts of America could be worth upward of $1 million. But because the abuse is alleged to have occurred in the early 1970s in Texas, where Peterson was born and raised, he said his lawyers are telling him he probably will be eligible for no more than $30,000, minus 40% in attorney fees...” https://buffalonews.com/news/local/sex-abuse-claimants-torn-over-boy-scout-bankruptcy-plan/art

I spoke with Omni. The person in the know said, “The tabulation results are going to vary a bit, somewhat of a given between a preliminary report and a final. I don’t see any significant movement other than Class 9, which we called out in the declaration.”

Hearing cancelled. Ugh. **AT THE DIRECTION OF THE COURT, THIS HEARING IS CANCELLED** https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/bb83fb5a-7417-48cf-a88d-a1d50d4b257c_8334.pdf

This may sound asinine, but I feel like a child stuck in the middle of a nasty divorce and custody battle. There are some things I'd rather be hashed out in private, especially facts and/or accusations that are as yet substantiated. Unleashing the trebuchets of blame can cause lasting damage and deep in the moment confusion, resentment, fear, anger and self doubt. "What am I supposed to do? Who's telling the truth? Can't you just act like adults and pretend you care about me more than just winning and/or crushing the other? Can't your lawyers or the mediator get you to sit down and be reasonab

Remember this? The Coalition of Abused Scouts for Justice, which is urging a yes vote, has said that most claimants will receive between $3,500 and $2.7 million...“Voting yes will promptly deliver a degree of justice and closure to survivors, and accountability for the Boy Scouts organization,” Rothweiler said in a statement. https://www.oregonlive.com/nation/2021/10/boy-scout-sex-abuse-victims-begin-voting-on-bankruptcy-settlement-plan.html

Some of my earliest comments here were about the lure of hearing BSA was going to "equitably compensate" all survivors of abuse in Scouting. It's all clear to me now. We started at $6100 being the "equitable" amount. Now, we're at $38,000 as the "paid in full" number. Now I get it. We're getting 5x more than is equitable compensation! Wee. Makes perfect sense. Brilliant PR strategy. Bring on the Drum Award! (Who's monitoring the microphone over there?)

https://news.bloomberglaw.com/bankruptcy-law/boy-scouts-slams-victim-committee-for-opposing-2-7-billion-deal

I'm forbidden to post full articles, so my apologies. All BSA statements were per the filing, but plan opponents were quoted for the story. Puchulski and Amala. Jason Amala, another lawyer representing survivors, said the group’s claim on Tuesday that victims will be paid in full is “absurd,” adding that “There’s not enough money to make it work.”

Boy Scouts Says Abuse Claims Likely to Be Paid in Full, With Lowered Liability Estimates The Boy Scouts of America said it now expected it will likely be able to pay in full on the sex-abuse claims that drove it to bankruptcy based on new and lower estimates of how much it owes abuse victims. The youth group on Tuesday said it now projected the total value of claims eligible for payouts to be roughly $3 billion, the midpoint in a range of $2.4 billion to $3.6 billion...The youth group, which has apologized to the victims, says new calculations showed its liability wasn’t nearly as ba

This is what I don't get in the "before" and "after" Reports snapshots, regardless the numbers. The Claims Valuation Matrix was said to be based on the data I've highlighted. So, the Claro and Rebuttal Reports have redefined or uncovered new data? Was ist das? I realized it states, "allowed," but baselines are nonetheless used, supposedly derived from the data noted. The Base Matrix value column for each tier represents the default Allowed Claim Amount for an Allowed Abuse Claim assigned to a given tier, in each case based on historical abuse settlements and litigation outcomes which incl

What changed since 12.5.21 is the Claro Report, which (to my knowledge) we only have by inference via this rebuttal. Absent the Claro Report, I can't see this new one being issued. I may be naïve in that perception, though. Claro apparently created an opportunity to present this updated comparative analysis. But, then again, what do I know...? Okay. The vote also happened, which I shouldn't have been so dense as to omit in my first reply.

In his absence, I am becoming more cynical. Prior to this report, I had not seen anyone pound so hard on the comparative negligence angle. If one thought too long about it, one may be inclined to the see this as a set up for the separation of third-party non-debtors (to whatever degree and by whatever name). BSA: "This is our responsibility and we will pay it in full. The rest of it? Well, see those groups over there? It was really their fault, just look at the historical data! I guess you'll have to go get the rest from them."

What sort of people are qualified to do this work? It's a straight up question. I'm ig'nrnt. Also, why in the world would I want someone else's attorney(s) or their handpicked folk advising a Settlement Trustee on how to pay me (or not)? Another honest question. As with this tight cadre of high-level bankruptcy attorneys and professionals, is there a short list of these peeps milling around in a Delaware hotel ballroom somewhere? If so, I'd rather look in the bar or select from the honorable staff members taking care of guests. This industry is a quagmire.

In fairness, this is a Rebuttal Expert Report refuting the Claro suppositions, valuations and conclusions. He is re-examining the entire landscape based upon the data and exemplars presented in the expert report commissioned by the TCC. As with any rebuttal, the door was opened and he is walking through it, using any and all "facts, statements and evidence" to enhance the case of his client. To that end, I think he did a compelling, professional job. From my seat, he's clearly not an intellectual rube. (This is not a substantive comment, just putting the report in the proper light. An iterativ

Meh. Another week of twisting and turning like a Nashville Hot rotisserie chicken.