The US Supreme Court has good reason to review and overturn “unlawful” litigation releases contained in the Boy Scouts of America’s $2.46 billion child abuse settlement and bankruptcy plan, a group of survivors said.
The nonprofit’s Chapter 11 plan should be reworked to comply with Supreme Court precedent banning bankrupt companies from forcing their creditors to give up legal rights to sue third parties, a group of 75 claimants based in Guam said Dec. 26.
The plan opponents, who petitioned for high court review in October, urged the justices to disregard arguments made in early December by Boy Scouts and ...