MYCVAStory

The Rothweiler video is DISGUSTING. He expressly states that if your claim is not in an "open" state that you will receive nothing. Importantly, he fails to recognize the many thousands of claims that are in statute even in bad states because the survivor is still within the timeframe under the applicable statute. Also, he quickly throws in the trash all of the claims in Oregon, Washington, and New Mexico, which each have very liberal rules when comes to this point. He also fails to tell everyone that under the plan those in "closed" stated will receive as little as 1% - 10% of their claims a

Just a reminder: The next Town Hall of the Official Committee of Tort Claimants' (the “TCC”) in the Boy Scouts of America bankruptcy cases will be held on Thursday, October 21, 2021, 8 pm (Eastern) View Full Notice Zoom link: https://pszjlaw.zoom.us/j/82272826295 (no registration required) or by phone: 888-788-0099 (toll free), Webinar ID: 822 7282 6295 To be discussed at this Town Hall: Trust Distribution Procedures Hartford Settlement and Local Council Settlement Solicitation Materials and Vot

Just a reminder... The next Town Hall of the Official Committee of Tort Claimants' (the “TCC”) in the Boy Scouts of America bankruptcy cases will be held on Thursday, October 21, 2021, 8 pm (Eastern) View Full Notice Zoom link: https://pszjlaw.zoom.us/j/82272826295 (no registration required) or by phone: 888-788-0099 (toll free), Webinar ID: 822 7282 6295 To be discussed at this Town Hall: Trust Distribution Procedures Hartford Settlement and Local Council Settlement Solicitation Materials and V

Good point "might seem like a mess" is my biggest understatement yet.

First, remember that there needs to be a 2/3 majority of VOTING claimants for the class to approve a plan. The Coalition won't be removed as a mediation party if it fails but obviously their influence would be greatly decreased. As well, the TCC's position as truly representing ALL Survivors is enhanced. Remember too that the Judge is really concerned about the "quick pay" votes. She is going to hear the argument that someone in a "bad" State taking the quick pay option should not have the ability to impact someone in a "good State" who has a claim ready to continue if a permanent injuncti

Yes, but he does have a lot of wood to chop in this historic(ly) bad settlement he's promoting while he talks to his good friend Mr. Anker and apologizes for his webcam/laryngitis/late hour that he received the motions last night.

She did make it clear that she would be ruling quickly and as the discovery proceeds she would be available to make VERY quick decisions when the parties can't agree on what's privileged.

Do you mind sharing who told you this? I ask only because it of course isn't true as bankruptcy is practiced and it's important for all of us to know when we can where bad information may be coming from. I absolutely understand if you don't want to share it!

Yes...but NOT corrected and now the BSA is on the hook for an administrative charge in teh tens of millions if they tried to get out of teh Deal. So, they screwed up TWICE.

Because they need friends. Because it lets the coalition crow about a historic trust amount when what's historic will be the low amount of awards. What the TCC wants is settlements but NOT what the coalition is willing to take. Remember...right now teh Coalition firms are already splitting 425 MILLION dollars.....anc ounting.

I don't follow this argument. Consider the Survivors who DID have cases in court and those who were working tirelessly to change SOLs. A permanent injunction ELIMINATES those cases and imposes awards on Survivors that are pennies of what they would have gotten in court. Those awards....paid by the insurers. The same ones that will now rush to settle for pennies as The Hartford did.

The BSA couldn't care less about the insurance companies as long as it has a "coalition" helping them out to accept insurance deals. Remember, the old saying is "you need friends in bankruptcy." The BSA's goal is to give away ALL insurance policies or settlements to a trust and move on. As far as the future, here's another reality, insurers LOVE companies post-bankruptcy because there's a clean slate and no surprises. So, there's no reason to think thatthe BSA has back romm deals going on. Their goal is to NEVER be a defendant for anything that happened in the past. That's the work of th

I want to say this with all due respect if you are a Survivor, and respect for your personal wishes. But, for many Survivors there is a realization that "moving on" isn't as easy as seeing this bankruptcy resolved for the BSA first and foremost. Remember, this is the BSA'S VOLUNTARY bankruptcy and Survivors were dragged into it. For many that had "good" claims working their way through the legal system this will forever deny them their day if a permanent injunction is granted. For those hoping for a change in SOL it also dashes thoses hopes. I TOTALLY understand any Survivor wanting resol

I'm optimistic that this horrible settlement will go down in flames. But, as someone connected to this said to me the other day, "we all live in our own echo chambers." The folks on this forum are very well informed and I've been so impressed how open-minded all sides have been. My concern though is that a lot of Survivors are in the dark and now about to get some bad advice. I understand how some want this over with, I really do. But every Survivor needs to consider the "morning after." This is our ONE shot and most have waited decades. If it fails I hope the TCC can make good on its p

Well, just about any group can petition to be a "mediation party" so their inclusion was SOP. Unfortunately 82,500 survivors are going to be the example of how mass tort bankruptcy has become a cottage industry for the legal and financial professions. I think the group that was screaming loudest regarding their muscling in and power was the Coalition. The judge has shown that she isn't buying it by already saying their fees would be thrown out of the current plan and she also cast doubt on a successful payment after plan approval unless the plan has widespread acceptance, Consider as well