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Chapter 11 announced - Part 14 - Plan Effective


MYCVAStory

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The BSA’s insurance policies with the non settling insurance companies (there are 80 plus of them) are the assets of the BSA Settlement Trust. If you doubt me you can use a wonderful tool called Google and you will find out for yourself. 

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On 7/2/2025 at 9:33 PM, clbkbx said:

July 1 update

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.

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  • 4 weeks later...
54 minutes ago, swilliams said:

Do we have any updates on this hearing from yesterday?

Earlier this month the judge ordered both sides to mandatory mediation for 90 days. Retired judge Barbara M.J. Lynn was selected as the mediator. Not sure if anything substantive came out of the hearing yesterday due to the ongoing mediation. 

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