Chapter 11 announced - Part 14 - Plan Effective

[Tron]

There's two things here, maybe related, maybe not. As an outsider with few years dealing with BSA (not involved with the settlement at all) I see things more from a corporate and legal lens. 

I agree with the assessment that doing the settlement fund piecemeal (going after councils, CO's, etc ... ) would have created a vast array of have and have nots. So many guilty parties (councils, units, charter orgs, perps) no longer exist, which would have prevented victims from seeking any restitution. I still struggle with these funded vs hypothesized fund numbers. What I know of nationals resources and debt and the councils local to me is that there really isn't much money out there, especially at the councils whom are mostly operating hand-to-mouth.

To the discussion of Scouting America being around in the future; I have no doubt that Scouting America will be here in 100 years. I do think Scouting America will look a lot different, a lot more like how I understand scouting was 100 years ago. I think national is going to have to divest itself of a lot of physical property in order to get out of debt; maybe only Philmont surviving.  I think the number of councils is going to shrink down to less than 100 (I think this will happen in the next 10 years). I think the number of council owned properties (camps) is probably going to shrink down to around 50 and start to get run more by professional adult camp staff and less by summer volunteers on a 4 season operational plan (the days of 7-9 weeks of summer camp run by barely paid OA seeking volunteers is coming to an end). 

 

[johnsch322]

1 hour ago, Tron said:

I still struggle with these funded vs hypothesized fund numbers.

What part do you struggle with? 

[clbkbx]

On 8/5/2025 at 9:59 AM, clbkbx said:

August 1 update: 

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.