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Everything posted by BadChannel70
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Looking at the updated numbers, it shows 22,004 survivors opted out of granting 3rd party liability releases. That's almost 50% of the total number of survivors who voted. I would think a district court judge and maybe JSS would consider this as not overwhelming support for the plan. At least as it relates to BSA trying to bring their friends Tom, Dick and Harry to the party. And for the indirect abuse claims, the percentage is much higher who rejected the 3rd party liability releases....
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TCC made a video going over the 3 settlement options: 1. $3,500 expedited payout 2. TDP (with scaling and mitigating factors) 3. Independent Review (IR) The video is timestamped so you can go right to the section you need but I encourage you to watch it all. My interpretation of the IR is that it will only be made available to survivors in open states that can meet the criteria for the IR; See Timestamp 35:20 for requirements. Burden is shifted to survivors to provide a lot more detailed data than TDP. Another thing that is not mentioned is the IR valuation is subject to approval from the main trustee. I'd hate to go through IR, receive a decent valuation only to have it reduced by the Trustee. I also think 20% of an IR settlement flows back into the Trust. So, if you have an attorney on contingency plus this potential 20%, a survivor is looking at receiving only 40%. But this needs to be verified; I may be wrong here. Trust Distribution and Independent Review Process - YouTube If a survivor wins a favorable valuation from IR, up to $1 million will come from the main trust fund subject to the initial payment percentage that will be established by the Trust (maybe future payments if Trust receives more funds). The proceeds above $1 million will have to come from the non-settling excess insurers and COs. This will hopefully be accomplished via negotiation, settlement and/or litigation. It's taken us 2 years to get this far. I don't relish the idea of waiting another 1-2+ years while the IR and insurer/CO duke it out. But this is all for naught until Justice Silverstein issues her ruling.
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Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
United Methodist leaders urge congregations to reject proposed settlement with Boy Scouts United Methodist leaders urge congregations to reject proposed settlement with Boy Scouts – Baptist News Global In one such North Texas meeting, Bishop Michael McKee told leaders of the region’s 80-church Metro District that the rejection was being pushed for two reasons: Insufficient recompense for the survivors of past sexual abuse by BSA leaders. Increased liability for United Methodist congregations that have sponsored Scout troops, past and present. -
Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
I already commented on my LC's contribution to the Settlement Trust in a previous post. My abuse occurred in a open state (No SOL). Under my LC's proposed contribution, each survivor would receive just shy of $5k which in my particular case does not include my attorney fees. If the plan was approved as-is, my LC would keep $10 million plus and be released from all liability. I received my paper ballot in the mail last week. I am a client of AIS but ceased being a member of the Coalition a couple months ago. I returned my completed ballot earlier this week. I voted NO on the plan, refused the expedited $3,500 payment and opted out of the liability releases. I believe I received a paper ballot because on my POC, I chose to have communications from the Court sent directly to me instead of AIS. Call it the guiding hand of the universe... At first I thought this may have been a bad idea but not anymore based on the buffoonery with the Coalition. My CO still hasn't contributed anything but sure likes to make arguments about how the BSA is leaving them out in the cold. I read the BK court docket so I know where they stand. Nothing shocking here even though in the past my CO paid out several hundred million dollars to settle hundreds of CSA claims. -
Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
I received a text message urging me to watch this video and vote "yes" on the BSA's 5.5 plan. After watching it, I was strongly reminded of that movie "V for Vendetta." Just like High Chancellor Sutler instilling a climate of fear to keep the totalitarian regime in control and power. I promptly sent an email to the TCC notifying them of the Coalition's latest fear mongering maneuver. The TCC confirmed receipt and thanked me for forwarding this information to them. I also attended the Coalition's 1st town hall meeting. I left after 41 minutes. Again, I was reminded of a Russian state controlled TV station where the information was strictly controlled from the top down. I thought about attending their 2nd town hall but decided against it. I am glad I didn't waste any more of my time. I'd take $0 dollars any day rather than be forced to settle for scraps from BSA's, my LC's and CO's tables. These 3 should be at the forefront and leading edge of Youth Protection but instead it's treated as an after thought. Survivors are even further down on their rung... -
As a survivor and one of many victims of the same abuser who carried out his deeds across multiple boy scout troops, what gives the BSA, my LC and CO any right to complain about anything. PERIOD! I did go to the police and my case was turned over to a unit that specializes in the exploitation of children. And when law enforcement came knocking at BSA's and my LC's doors, they were told nothing to see here detectives. Guess what...24 years later I learned through this bankruptcy, BSA and my LC banned my abuser from scouting 11 years prior to me reporting him to law enforcement. So my path to justice as well as other victims was purposely obstructed and as a result "our" abuser never faced one day in court or served one day in jail for his crimes. Nor will he since he has departed this life as we know it. It disgusts me to read posts on this forum complaining why aren't abusers being held directly accountable. You can personally shake the hands of BSA and my LC for their purposeful grievous omission which allowed a legitimate pedophile, whose path of destruction was spread far and wide, to escape justice. Isn't it ironic, 24 years later I get to watch BSA, my LC and CO squabble and squawk about not getting a fair deal under this re-organization plan. I keep hearing phrases like, "we're going to run out of money," or "there will be never be enough money," or the line "what about the future of scouting." Yet, aren't these the same sentiments the BSA and my LC used to justify their actions to not share adverse information with law enforcement about my abuser. WAKE UP! As far as I am concerned, BSA, my LC and CO are just as guilty as my abuser. They might not have physically penetrated me but they sure did pierce my soul with their lack of humanity and callousness. And now, they are trying to do it again...
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Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
No need to apologize. I was a member of the Coalition but terminated my relationship with them. I find it disgusting they are using our pain and suffering so they can amass millions of dollars while their clients get paid pennies on the dollar. Their attack on the TCC is even more damning. -
Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
I want to add the TDP has a section that mitigates/reduces a survivor's claim value if the survivor had a relationship with their perpetrator outside of scouting. I don't see how LDS or any CO could get away with combining 1, 2 & 3 in the BSA settlement and then get a discount on top of it. -
Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
I have been getting mail from OMNI regarding the status of the BK to my home address for a while. I think the cat may be out of bag if a claimant was trying to conceal their involvement in the BSA BK. Has any survivor on here received snail from OMNI to their home address? -
Chapter 11 Announced - Part 6 - Plan 5.0/TCC Plan TBD
BadChannel70 replied to CynicalScouter's topic in Issues & Politics
Yes, and this is the reason I terminated my relationship with the Coalition. It took me a little while to figure out why they got involved...FOR THEMSELVES. They are using the BSA BK to make a quick buck. I hope Justice Silverstein again denies their outrageous attorney fees. -
I have been following this thread and others similar to it for some time. Let me tell you "some" of my story... My perpetrator is in the BSA IV Files and was barred from BSA. There are multiple victims (not including myself) spread amongst multiple BSA troops. My CO, LC and BSA were aware of the "propensity" of my perpetrator to victimize young boys but each turned a blind which is why # 1 & 2 above conditions exist. Law enforcement got involved 2 decades ago. Hopefully, in the near future when I am in state court (NO SOL), the judge will explore why my CO and LC did not disclose material information (i.e. IV File) regarding my perpetrator to the exploitation of children police task force assigned to that case at that time. My sexual abuse lasted years as other victims. Our perpetrator was not only our scout master but a full-time teacher at our CO. I "was" a member of the Coalition but recently terminated my relationship with them. I am not going to watch them ride off into the sunset with a $10 million plus payout while survivors like myself are sold off for cheap scrap metal under this 5.0 amended plan. My LC is not even contributing 10% of its available resources. Divided evenly amongst all claimants for my particular LC, we are talking barely $4k/survivor. And this is before before attorney fees. On top of #8, the proposed TDP will mitigate my claim valuation because my perpetrator had access to me outside of scouting. Adding insult to injury is a huge understatement here. I will be voting "NO" on the current 5.0 plan unless vast changes are made to it. I am not going to reward my CO, LC or BSA for their self-serving behavior based on my past experiences and current encounters with them in this BK. The current Plain English summary is a farce. Reminds me of a peddler trying to scam people into purchasing some cure all snake-oil. Funny how they don't mention one word about the active appeal filed by the US Trustee/DOJ over the Purdue Pharma releases. Aren't we supposed to be made aware of risk factors???And that is just for starters... If you are survivor and your abuse occurred in a state without SOL, then I HIGHLY ENCOURAGE YOU TO VOTE NO on the current 5.0 railroad job. And if you are a survivor in a time barred state, then I encourage you to see how little your LC is contributing and maybe even your CO. My CO is MIA....shocking! No, not really that is par for the course for them. We may lose this battle but I can assuredly tell you I will go down swinging. And my story will be told both in public and in the courtroom.