Latest Personal bankruptcy News

Ex-Boy Scouts official blasts child-protection efforts

Oct. 12, 2021 16:32 PM EDT

DOVER, Del. (AP) — The former youth protection director for the Boy Scouts of America said Tuesday the organization is not doing enough to protect children from sexual abuse and is still trying to maintain a veil of secrecy over decades of past abuse. In a speech at the...

Boy Scouts bankruptcy plan set for vote by abuse claimants

Sep. 30, 2021 15:52 PM EDT

DOVER, Del. (AP) — More than a year and a half after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse allegations, tens of thousands of men who say they were molested as children by scoutmasters and others will soon get a chance to vote on a BSA...

Boy Scouts' bankruptcy creates rift with religious partners

Sep. 23, 2021 10:42 AM EDT

NEW YORK (AP) — Amid the Boy Scouts of America’s complex bankruptcy case, there is worsening friction between the BSA and the major religious groups that help it run thousands of scout units. At issue: the churches’ fears that an eventual settlement — while protecting the BSA from...

Judge begins key hearing on Boy Scouts bankruptcy plan

Sep. 21, 2021 18:32 PM EDT

DOVER, Del. (AP) — A Delaware judge on Tuesday began a key hearing that could determine whether the Boy Scouts of America can emerge from bankruptcy later this year with a reorganization plan that would compensate thousands of men who say they were sexually abused as children. ...

Use of OxyContin profits to fight opioids formally approved

Sep. 17, 2021 22:00 PM EDT

A judge formally approved a plan Friday to turn OxyContin maker Purdue Pharma into a new company no longer owned by members of the Sackler family and with its profits going to fight the opioid epidemic. U.S. Bankruptcy Judge Robert Drain officially confirmed the...

Committee wants to file own plan in Boy Scouts bankruptcy

Sep. 15, 2021 19:03 PM EDT

DOVER, Del. (AP) — A committee charged with representing tens of thousands of alleged victims of child sex abuse in the Boy Scouts of America bankruptcy asked the judge on Wednesday to terminate the BSA’s exclusive rights to file a reorganization plan, so that it can file its own. ...