SteveMM 60 Posted January 10, 2020 Share Posted January 10, 2020 I just saw this on Facebook. I don't deny that many people were hurt before youth protection policies were put in place, but the lawyers are now trolling as a way to make money. 1 Link to post Share on other sites
prof 58 Posted January 10, 2020 Share Posted January 10, 2020 I've been seeing similar advertising on FOX News Channel for the last several months. Link to post Share on other sites
Eagle1993 2161 Posted January 10, 2020 Share Posted January 10, 2020 They even have FAQs about BSA bankruptcy. https://scoutbankruptcy.crewjanci.com/ Includes this gem: As lawyers prepare hundreds of new lawsuits, the pressure on the BSA’s finances is significant. Whether the impact is ultimately fatal for the organization is likely to depend on the ability of the BSA, its insurers, and victims (through their attorneys) to reach a reasonable compromise through the bankruptcy process . If Boy Scouts of America are unable to come to a reasonable arrangement, the organization could be forced to sell off assets, including camps and large areas of land that are thought to be worth around $1billion combined. Link to post Share on other sites
Jameson76 1485 Posted January 10, 2020 Share Posted January 10, 2020 1 hour ago, Eagle1993 said: . If Boy Scouts of America are unable to come to a reasonable arrangement, the organization could be forced to sell off assets, including camps and large areas of land that are thought to be worth around $1billion combined. I think the valued assets on the IRS form were listed at $1.4 billion. That is listed value. Not sure how much all that might be worth if forced to liquidate. Assume some (large portion) of that is the value of the name and copyrights on writings. If the BSA liquidates, that value is sort of nil Link to post Share on other sites
Popular Post David CO 1783 Posted January 10, 2020 Popular Post Share Posted January 10, 2020 I wouldn't mind it (the trolling) so much if the financial impact of the lawsuits fell on the wrongdoers. As it is, the burden of paying off the lawsuits is falling on the kids, through increased dues and fees, even though most of the kids in scouting had not even been born yet when these abuses occurred. 7 Link to post Share on other sites
Jameson76 1485 Posted January 10, 2020 Share Posted January 10, 2020 2 hours ago, SteveMM said: I don't deny that many people were hurt before youth protection policies were put in place, but the lawyers are now trolling as a way to make money. Sad part is these and the other lawyers have little or no real desire to compensate and help victims. If they did then this would handled in a different manner, with the focus on getting the proven victims assistance. This is lawyers eyeing the billion + in assets, dreaming of a new vacation home, and suing the BSA. Yeah yeah, the victims will get some crumbs....maybe 2 Link to post Share on other sites
ParkMan 1293 Posted January 10, 2020 Share Posted January 10, 2020 25 minutes ago, Jameson76 said: Sad part is these and the other lawyers have little or no real desire to compensate and help victims. If they did then this would handled in a different manner, with the focus on getting the proven victims assistance. This is lawyers eyeing the billion + in assets, dreaming of a new vacation home, and suing the BSA. Yeah yeah, the victims will get some crumbs....maybe So true. At the end of the day, these lawyers are just another company and the product they are selling is lawsuits against the BSA. I expect to see TV adds soon by the lawfirms on the low cost TV channels. 1 Link to post Share on other sites
sri_oa161 14 Posted January 10, 2020 Share Posted January 10, 2020 What they seek is not justice for their clients. It's money for themselves. 1 Link to post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now