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clbkbx

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Everything posted by clbkbx

  1. Hi @ThenNow, my attorney advised me to, and I did, sign B. We had a call and they walked me through it and I was able to ask questions about the other releases.
  2. October 1 update: average $583,032 per TDP claim... about the same for the last few months but continues to go up. For the TDP, 71% claims determined and 47% paid (27,196 paid) For the IRO, 51% claims determined and 23% paid (42 paid) Claim determinations and payments just dropped off this month. Just for the Matrix, claims determined over the last three months: 2,782 - 2,198 - 1,727 and claims paid 2,325 - 3,851 - 1,242. There are now only 16,470 undetermined Matrix claims. If it's true SSS has 14,000 cases, and they are all being reviewed independently, there's not much more for the Trust to do on the determinations (less than 5% of additional claims to be determined) and would expected to be done in 1-2 months (again, other than SSS claims). An important milestone? The Trust has now paid more claimants than not (all in... Expedited, Matrix and IRO... individually they are at 93%, 47% and 23%, respectively). The Trust has valued (i.e., if all of the paid claims were paid at 100% instead of 1.5%) the paid-only claims so far at just about $16B. If the mix remains similar through the remaining unpaid claims, the Trust would need $34B. That total number seems more correct to me each month. The Trust has paid almost half of the Matrix claims and I don't think there will be great regional or FIFO variation at this point. A corollary to that would be that the SSS cases will have similar determinations (and similar amounts of fraud, etc.); basically that they boosted up some tiers but that once reviewed it will be a similar mix to what is already determined/paid. We are as ever guessing because the Trust is not very transparent. One thing I would like to know is the average time from a determination to payment. On fb, some have claimed long delays but I also know that I agonized over whether to sign the release for a few months. Once I did sign it, my lawyer indicated 4-6 weeks but that the Trust had only become slower recently. Can a lien check take that long? Do they even check every claim after requiring a certification? What else would they be processing? Getting the money out quickly should be a goal especially after a determination is made.
  3. That is very frustrating and I'm sorry it wasn't the outcome you should have had.
  4. Thanks. I didn't see that number in their recent email or the court filing. What prompted this question is the AVA email I saw posted on facebook guessed (estimated?) that they represented 5,000 claimants. It's getting near the end but that's a big difference in the unprocessed claims.
  5. Hi @johnsch322, do you know the source for this number?
  6. Wow. As of the last update, there were only 18,487 undetermined Matrix claims. So, somewhere around 3/4 of the remaining.
  7. Please read anything at all about how much the BSA paid to lawyers... it's reported regularly to the Court and it isn't as you describe. There is a lot of consternation about lawyers fees for some Survivors, especially in SOL states. Those are the loudest voices because they are rightfully upset. But you don't hear too often from those that are pleased with their representation. So: I am well supported and represented by the lawyers at Jeff Anderson & Associates. I'm thankful for their counsel. They will be paid a contingency fee as we agreed at the beginning.
  8. I think you meant to write: "Yeah that's the lawyers keeping the BSA on the hook. They're playing the BSA for more fee's and services."
  9. Tron, below is a link from BSA's lawyers dated September 2nd of 2025 noting that there remains "litigation challenging BSA’s plan." Nothing says "done" like having an AM Law 50 firm write to the Supreme Court on your behalf. It could be over soon (as many hope it is) but it's not. https://www.supremecourt.gov/DocketPDF/25/25A256/373546/20250903151402603_BSA Letter Opposing Cert Extension 9-2-25.pdf It doesn't really matter what any of us think because there are multitudes (probably too many!) of lawyers and insurance professionals reviewing the coverage, making estimates and suing to have the insurance companies pay into the Trust. The real question is: why do you care?
  10. Application (25A256) granted by Justice Alito extending the time to file until October 13, 2025. https://www.supremecourt.gov/search.aspx?filename=%2Fdocket%2Fdocketfiles%2Fhtml%2Fpublic%2F25a256.html&fbclid=IwY2xjawMm0cZleHRuA2FlbQIxMABicmlkETFFYlBoNkhpZHl5ak5kbHJKAR5YGWGLDra3MvxRb0nXuYd51tP03y05VcrD5g6fLhKKdONyLAsb6n_fliqikQ_aem_f0EmfLE88VRdFWLLxZBchg
  11. September 1 update: average $581,550 per TDP claim... about the same for the last few months but continues to go up. For the TDP, 68% claims determined and 45% paid (25,954 paid) For the IRO, 44% claims determined and 21% paid (42 paid) The additional TDP claims determined, 3,851 claims, is the highest per month in quite a while. The Trust has valued (i.e., if all of the paid claims were paid at 100% instead of 1.5%) the paid-only claims so far at $15B. If the mix remains similar through the remaining unpaid claims, the Trust would need $34B.
  12. August 1 update: average $580,794 per TDP claim. [Still going up slightly and at this point definitely holding steady.] For the TDP, 64% claims determined and 38% paid (22,103 paid) For the IRO, 40% claims determined and 16% paid (32 paid) Without factoring in non-Matrix IRO payments, it's ticked up to around $34B needed to be fully funded. There was a slight drop off in claims processed this month; my guess is the claims processors are taking vacation time.
  13. July 1 update: average $574,579 per TDP claim. [Still going up, could it be from the inflation increase?] For the TDP, 60% claims determined and 34% paid (19,778 paid) For the IRO, 33% claims determined and 14% paid (28 paid) Without factoring in non-Matrix IRO payments, it's settling in around $33B needed to be fully funded. The Trust of course, having determined 63% of the claims, could probably give a better estimate. If they keep on the pace of 5% of all claims determined each month, just seven more months plus or minus to be finished.
  14. Thanks @BadChannel70. June 1 update: average $566,526 per TDP claim. [This has gone up every month, contra to what I thought.] For the TDP, 53% claims determined and 29% paid (17,009 paid) For the IRO, 26% claims determined and 9% paid (18 paid) It looks like the Expedited Distribution is just about finished (less than a percent undetermined, 92% paid). This would represent about $20MM for 6,000 survivors. Less than 1% of 2.4B, for 10% of claims. If the Trust were to stop here, just based on claims paid amounts (not determined), they would need just over $9.5B, with 35% of the claims paid. Without factoring in non-Matrix IRO payments, the Trust needs about $33B to be fully funded at these averages. The Trust of course, having determined 58% of the claims, could probably give a better estimate.
  15. There hasn’t been a June 1 update yet. Much later this month than when it was posted for previous months. Edited to fix a typo.
  16. Hi @ThenNow, thank you for sharing your experience. I went through the IRO and just received a settlement recommendation. Your "grateful" post struck me. One aspect of the IRO that was difficult is that there were adversarial parties involved. So while no one didn't believe me, there was a lot of crap thrown at the wall to try to minimize BSA's exposure: look he's a functioning adult, no one ever told the BSA he was being abused, if there is any settlement recommendation it should be small and wholly attributable to the abuser, etc. They twisted the words in the reports by my therapist, they suggested my college-age struggles were because of my then girlfriend and they had rebuttal witnesses to disparage the experts' findings on my behalf. All that said, to say: the Neutral wrote a thoughtful response that I'm grateful for. The settlement is what it is (and underfunded) but the parts I've read several times are about putting *everything* in context. I wanted to do the IRO mainly to be able to tell my story, to put it all out there and have it be judged. Validated, as you suggested. And now I'm done... there's not much more I can affect or prepare for. That's been the best part of it so far. To everyone still going through the process, all the best.
  17. May 1 update: average $557,053 per TDP claim. For the TDP, 47% claims determined and 25% paid (14,285 paid, 58,103 claims) For the IRO, 20% claims determined and 6% paid (14 paid, 217 claims) If the Trust were to stop here, just based on claims paid amounts (not determined), they would need just shy of $8B. I think that is getting near the max amount if all insurance companies settle. The average claim has increased each month (from last month, an increase of 4.2%, so above the COLA which I don't believe was applied the entire month). The COLA incurred to date (based on paid claims) is $190MM, but likely none of that will be realized in any way, it's just going through the motions.
  18. Just passed the five-months-from-oral-arguments that the Trustee’s indicated was the average time for a ruling from the Sixth Circuit. https://scoutingsettlementtrust.my.salesforce.com/sfc/p/#Dp0000016pkB/a/Uu000002c92j/T9hQYKF8KkVWWap2jPhb24vEUq0JduWSxLZZcZOAydk
  19. For all reading, including you, @skeptic, you can work through the suffering and trauma! It is difficult, but let that be a goal for all of us. Please do not let statements like this knock you off your path to a better life. Do money settlements help? Without introducing everyone here to a different forum, there are definitely people that have said it does. And who knew that best and for decades? BSA. I've considered what you've said before about BSA having similar or better controls in place than other entities. They knew it was continuing to happen, so, to me, the worst inclination is letting it happen to protect an institution. When my abuser was arrested, there were a few articles in the local paper quoting Scout exec's saying things like "there are controls in place," "we are vigilant," "this is extremely rare," etc. This was two years after a different SM was arrested for CSA in the same council. The human animal really does fail badly at times.
  20. In addition, the Trustee has sued insurance companies that have not settled. You can see at the link below that there are two parts. https://scoutingsettlementtrust.my.salesforce.com/sfc/p/#Dp0000016pkB/a/Uu000002c92j/T9hQYKF8KkVWWap2jPhb24vEUq0JduWSxLZZcZOAydk My recollection is that one of the town halls indicated the value was up to $4B.
  21. April 1 update: average $534,599 per TDP claim. For the Expedited Distribution, 99% claims determined and 92% paid (6,036 claims) For the TDP, 39% claims determined and 19% paid (58,088 claims) For the IRO, 17% claims determined and 5% paid (230 claims... not all of which are finalized like the ED and TDP) If the Trust were to stop here, just based on claims paid amounts (not determined)... they would need just shy of $6B.
  22. I think that's partially due to the Trust itself. The guesstimates also rarely note how the IRO is funded wrt to these potential future amounts... and how that affects the matrix amount. (I made this mistake in a post, too, and had to go back and look at it.) Sorry to read about your change in optimism but definitely understand it.
  23. March 1 update: average $516,443 per claim. If that average holds (which it likely won't), the Trust would need a little over $30B... but what's $2B more than the last calculation? There was a bankruptcy data set with 43k entries that I used to estimate that the average would be about $240,000 if the matrix base amount was used. That would need a Trust of about $14B (or the other way, would fund about 20%). It could still be that high value claims are being processed faster but also that the upward scaling factors are outweighing the downward scaling ones.
  24. February 1 update: $498,645 per claim for 58,026 claims.
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