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Chapter 11 announced - Part 14 - Plan Effective


MYCVAStory

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1 hour ago, Eagle1970 said:

And congrats to you, as well.  In the end, absolutely nothing mattered other than the Statute of Limitations.  I am Tier 1 with almost all the aggravating factors.  But the administrator was adamant, no matter how much caselaw and settlements I showed, that Missouri was a 10% SoL state.  So, in the end, each of those factors that would have been very important in the calculation hardly mattered, as every one was reduced by 90%.  I am happy for you and others who can move on.  I will remain bitter towards this process as long as I live.  There is no peace and there is no justice for those who were abused in a state where the insurance companies and Chamber of Commerce can come in to the process and block a window from opening.  I no longer live in Missouri and as I watched this process and other local politics play out, moving away was a good step.  Ironically, I moved to a state which is 100% open.

Truly sorry. I hate this for you and all in this situation. Terrible. Unjust. Brutal. I will pray for you, if that is acceptable.

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As you might remember from our very early conversations, I was very tempted to not file a claim.  And in the end, the amount I was awarded was not enough to have gone through these 6 years.  In the beginning, I was told by the first administrators (far before the Trust) that this would be subject to Federal SOL so everybody would be equal.  So I jumped in.  Then the Trust swooped in and assigned low factors that left many of us with little.  And it's not just Missouri.  I have heard from folks in many of the more conservative states who were dealt the same hand as I was.  Missouri, btw, was a 10-25% SOL state.  However, the administrator would have none of that.  "10% and you're lucky at that because you would have 0% chance in court".  It is what it is.  Thank you for the kind thoughts.

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While it didn't happen in Scouting, I did suffer from my own abuse while in the military after I was drugged. It took me close to 15 years to deal with it, but the therapy far outweighed the money for me. Not to take anything away of course, but the peace of mind was what I was really after. 

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  • 3 weeks later...
2 hours ago, johnsch322 said:

Yesterday my attorneys contacted me and informed me that my claim amount had been determined. After years of anxiety about what the outcome (I truly believed I deserved the maximum amount) my claim came in at 2.67 million. Yes, I know I will most like only get a fraction of that amount but the fact that my pain and suffering was valued at that amount is the most important aspect. In all honesty I cried, just like after 50 years of telling not one soul I finally opened up about what had happened to me.

With the appeals and the court cases that may come up I know that this is not over yet, but I finally feel like I have crossed third base, and I am on my way to home plate.

Over the past 22 hours I have thought quite a bit about how I have survived these past 6 years and the people that have given me moral support. I have reached out to those folks and thanked them. I now want to reach out to my survivor community on this forum and say thank you, without all of you I do not know how I would have made it.

Thank you to Scouter Forum for giving me a place to vent my frustrations, state my opinions and allow me to interact with other survivors and not kicking me off the site. Thank you, moderators, for your patience. I am sure some of my posts made some of you cringe.

I want to thank @ThenNow for always having my backside no matter how outrageous some of my posts were. Our DM's to each other always made me feel like I had a brother standing next to me.

I want to thank the TCC (I am sure there are members here on Scouter Forum). I know that all of you took on an almost impossible thankless task that was never going to please everyone.

One last thing (at least for now) @skeptic please no sad or confused faces. Maybe this will be the one post that you can give a green up arrow to that I have written.

Thank you all,

John

 

It is and has been "sad", as the entire fiasco not only has made so many suffer, with long term emotional effects long past the itiital trauma, but it also has made it obvious to me how warped our entire society really is, and how much seems totally beyond control of logical responses, and a complete rehabilitation.  We all carry our personal issues, much that few if any ever see, though may sense.  So, know it is sadness about which I cringe, and sadness that the human species can be so warped and pathological, using other people's trauma for personal gain in the guise of real caring.  As noted many times, I can only pray for you and others in the suvivor/victim pool find some closure, even knowing it will never be complete, at least not in our current lives.  

 

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17 hours ago, clbkbx said:

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. 

I have NO connection to this firm, and it isn't mine, but thought this was a pretty good update:  https://krauseandkinsman.com/2025/06/05/boy-scouts-of-america-june-litigation-update/

BSA June Update

3rd Circuit Court of Appeals Ruling:

On May 13, 2025, the U.S. Court of Appeals for the Third Circuit dismissed appeals of the Bankruptcy Court’s plan confirmation order, which had been filed by a group of sexual abuse survivors and holdout insurance companies. Thankfully, the Trust can continue to review claims, make determinations and release an initial payment to survivors.

Since the May 13, 2025 ruling, one of the appellants of the plan filed a petition for an en banc review, which is a request that all the appellate judges for The Third Circuit Court, reconsider the May 13, 2025 decision which upheld the Boy Scouts’ reorganization plan.

How will this impact your claim?

Approximately $1.4 billion is being held in escrow until all appeals are exhausted, and the plan confirmation order becomes a final order. As a result, the Trust will not have the funds required for a second payment from the Trust until that time.

When will the Third Circuit Court of Appeal’s ruling become final?  

We are hopeful that the Third Circuit Court of Appeals will issue the decision on this en banc petition within the next sixty days. Once that decision is made, and if the Court denies the en banc review, which we believe it will, based on numerous factors, the reorganization plan can move forward.

Once that decision has been made, and if it is denied, the appellants have only one last legal remedy left that they could use to advance their appeal. The Appellants could file a writ of certiorari with the Supreme Court, meaning they would be asking the Supreme Court of the United States to review the Third Circuit’s decision. If the appellants do this, it will take 30 days from the day of filing the writ, for the Supreme Court to determine whether or not they would be willing to hear the appeal.

What does this mean for your claim?

As the appeal moves through the judicial process, the Settlement Trustee is continuing to review claims and make determinations. Therefore, if you have not yet received a determination, the appeal will not interfere with the Settlement Trustee’s review of your claim. If you have already received a determination this process will impact the timeline of any subsequent payments made by the settlement trustee. The $1.4 billion being held in escrow will not become an asset the trust can distribute until the appeal process has been exhausted and the May 13, 2025 order is completely finalized.

Important Points for Consideration

There are approximately 83 insurers that have not yet settled their insurance policies in relation to this case. As such, the Settlement Trustee has brought an action against these non-settling insurers in Texas Federal Court, seeking payment of these unsettled policies. Once the Third Circuit Appeal is finalized, it will allow for the commencement of this case. If and when these policies do settle, the money obtained from that settlement will be put into the Settlement Trust for the benefit of all claimants.

Key Takeaways

  • Once a final confirmation order is issued for the bankruptcy plan, $1.4 billion dollars currently being held in escrow will move to the Trust and will benefit all claimants.
  • The Texas litigation will commence once the appeal of the bankruptcy plan is final. Any settlements obtained in this litigation will also benefit all claimants.
  • The Settlement Trustee is continuing to review claims and make determinations on claims as the appeals process continues.
  • The Settlement Trustee has reviewed and made determinations on over 50% of filed claims.
  • Once the appeal of the bankruptcy plan and the Texas litigation is finalized, the Settlement Trustee will have a better idea of how much of their overall proposed settlement award claimants can expect to receive in the end.
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On 6/10/2025 at 6:35 PM, clbkbx said:

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. 

Under ---> News and Key Documents ---> Reports (Click on May which is really June 2025)

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