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ThenNow

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Everything posted by ThenNow

  1. This I do not know. I am a lowly peon on the BSA Chapter 11 totem pole. (Can we use that phrase or has it been stamped “CANCELED”?) Meh to infinity and beyond.
  2. Yes I do. As great as it would be to know the general calculus to get to the number(s), my irritation and response were built on the Bay-Lakes Council example. I was washing away all else, looking only at the live claims and the Under the Gray Cloud claims compared to their asset base. And, as I keep harping, why can’t we see the competing Berkeley Research Group Dashboards? “Non-disclosure/NDA,” “redacted,” “under seal” and “mediation privilege” may end up banished from my vocabulary after this. They have 155 claims, 5 that could easily chew up their long-term investments if they were the sole source of recovery, which I know is a fiction, and a pile of assets. It feels diminishing, in the specific, not in general or as to the overall calculation methodology. If they do not have the benefit of the channeling injunction, what impact will the claims have on their financial condition? They ain’t looking at coming up with $3M, me thinks. I’m not asking for pain, I’m saying this looks like a mini Hartford deal: exposure incommensurate with the ticket to home base. Meh. I don’t like it.
  3. I know you’re doing calculations and speculating, but do you have any idea how this feels on “our side” of the table, as you wonder about it? “The market is doing great so it will be ‘easier’ for National and LCs to ‘absorb’ the cost of settlement...Huh. That didn’t hurt as much as I thought. Off we go...” I’m not seeing a market bump in my award making the pain of these 50 years easier to absorb. Sorry, but that’s how it feels.
  4. My “Art of War” tactics have been discovered. On to chaos, I suppose...
  5. By the by, limiting the topic/titling the thread around the RSA Ruling is a very tight leash unlike all the previous iterations. I still like, Episode V: When & How Much? but I have a built-in bias.
  6. I understand that decision, but for us as claimants, this issue of confidentiality, disclosure and access to our Proofs of Claims is directly related to and driven by the bankruptcy. This particular instance of reporting to law enforcement was not generated out of whole cloth or a recent, random occurrence, like the Shower Stall Creeper. This investigation is the direct result of a Proof of Claim filed by a victim who was likely unaware the case would be turned over to law enforcement. I’m not saying that is a bad thing, but we sort of deserve to be talking about this. It goes to the essence of BSA’s dealing with child sexual abuse (preferential “Oh, crap!” reporting for SilverWeasel?), the bait and switch (for some) as to anonymity/confidentiality and the major issue of what happens after the case to ensure investigations, prosecutions where possible and disclosure to the fullest extent allowable. That’s my reaction to you putting this in the basement with the sump pump, a rickety old card table and a single bulb dangling from the ceiling. (I’m playing with word pictures, not impugning you. You are my Spartacus and I will NEVER forget it!!)
  7. That’s what I thought you meant. Likely true and that’s a problem in itself, isn’t it? “Oh, crap! Ol’ SilverWeasel is in this Proof of Claim! Better get this out there now.” That’s a bit of a problem if the action taken is in any way driven by an element of notoriety, LC exposure or lack thereof, as opposed to the substance of the claim and the alleged abuse, yes? I know we’re off into the field of whine and supposes, at this point.
  8. Please clarify what you’re implying by this. It could go in several directions and I don’t want to assume what you mean.
  9. Not sure if this was posted. So, in terms of confidentiality, “anonymity” of claimants and BSA’s liberty to submit Proofs of Claim to law enforcement, does this apply only to claims not time-barred? Is it a free for all? Who is reviewing the claims to this degree, other than entering data into the data fields, as I was told was pretty much the extent of it? Who then makes the judgement call to send it to law enforcement? Very keen to know. Good result in this case, regardless. But still... https://oanow.com/news/local/crime-and-courts/probable-cause-found-in-child-pornography-case-of-former-auburn-city-schools-employee-and-boy/article_efeefea8-0077-11ec-a406-3f36e734de5c.html
  10. Thanks. Pin the tail on abuse victim and let’s say it’s $15M. $3M makes me angry. Logic is sitting on the stoop eating a Tootsie Pop watching the world go by while the rest of me is scrawling bad words on the sidewalk with red chalk.
  11. I know. That’s what I said. And same about their Shade of Gray. Again, 5 guys, not counting all other valid among the 150. Say an average of $500,000 settlement value (not jury award) for each of the 5. $2.5M for them, which they more than deserve. The $500,000 balance is spilt 150 ways for a whopper of $3,333.33 per man. YeeHaw, y’all. I know there’s other money, of course, but that feels absurd to me. This is exactly what I expected to see and exactly how I expected to feel. Chip off a lean $3 mill from the stock portfolio, Jeeves, and bring me another single malt and a cigar. Velvet slippers while you’re at it. PS - This doesn’t press them in the least. What they did and didn’t do isn’t costing them nearly enough, IMNSHO.
  12. That’s because I make my own! Sorry. Unrestricted. Restricted. Long-term. Don’t care what the designation...they’re loaded.
  13. UR. R. LT. DC. (“Don’t Care”) Loaded. 5 victims could sue them tomorrow and some time-barred may win on other grounds, like fraudulent concealment. They’re out cheap in my book.
  14. Based on my quick check of the financial and claims statements, this seems like a pretty sweet deal for them. They have roughly 10x that amount, right? I guess because they are Gray 3? They have well north of 100 claims and 5 that could be litigated in a quick minute. Is this illustrative of the percentages being contributed? Dunno.
  15. Is this the part of bankruptcy where we wait? Oh. Never mind. That’s what we have been doing. You’d think I’d be pretty darn good at by now. Well, I’m not. I will try harder.
  16. This is Andrew Scurria at WSJ? I think he’s the top reporter of the lot, honestly. He’s the Deputy Chief of the Bk Division, I believe. Recently promoted. All of them are solid, though.
  17. Oh, my yes. Maria Chutchian is typically more precise. She wanted to be first to “print.”
  18. Someone who’s a Tweeter, please post Mr. K’s declarations, when they land.
  19. As a “law firm” of one retired attorney and one freeloading client, I am glad the Coalition deal was ditched on principal. As to it’s impact on this process, I have to assess my thoughts and feelings. Let’s see how they react. Regarding the Hartford deal, if I get a $1 vote and it remains part of the deal, I can’t in good conscience vote for such a plan. However, I will wait for words from the TCC and, maybe, the Coalition to further inform me.
  20. To add my color commentary, that is the first and only moment in all the appearances that I saw Jessica Lauria rattled. She took in a huge breath and you could see her pulse.
  21. Coalition fees nixed…your feed is faster than mine!
  22. “Presented,” was accurate since Mr. Ryan was precise, emphatic, well dressed and had a nice part in his hair, but I meant “represented.” /s/ I.M.A. Dork
  23. So, can I get in on this with the DraftKings app?
  24. Every Troop in my town was sponsored by a Catholic Parish. To my recollection, 4. As I’ve said, our Pastor stopped at a Monday night meeting on a rare occasion and attended my Court of Honor. I doubt they had any knowledge of what they signed. The Parish community however, especially in the immediate proximity to our CO location, was very familiar and very supportive of us. At first, all of the boys in my cohort could walk to the meetings. There were barely a handful of exceptions over my 7 year tenure. Yup. To my knowledge, which is based on personal experience, the work done by the County Sheriff’s Department’s lead investigator (high school friend) thirty years later, and the AIS abuse map, that one CO has a minimum of five claims against it. I would bet more. I know AIS doesn’t represent me and the Troop is on their map. Locally, there is probably not too much money. On the Diocesan level? Probably a fair chunk. Also, our LC has almost a hun’ert and a half claims with roughly $35M in unrestricted assets. Just thought I’d throw that in for whatever it may be worth to the discussion.
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