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Supreme Court allows Boy Scouts bankruptcy plan to proceed

  • The Supreme Court declined to halt a $2.46 billion bankruptcy settlement for the Boy Scouts of America. The victims wanted to sue third-party organizations but are now shielded from future lawsuits.
  • The settlement allows the Boy Scouts of America to reemerge after filing for bankruptcy in 2020 and settling hundreds of abuse lawsuits. Critics and supporters debate the necessity of protecting third-party groups in major bankruptcy deals.
  • Justices Kagan and Kavanaugh questioned the disruption of a plan supported by the majority of opioid victims and families during oral arguments in the Purdue case. The issue at hand is third-party liability protection.
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Supreme Court declines to halt Boy Scouts of America sex abuse bankruptcy settlement for the moment

The Supreme Court declined Thursday to halt a $2.46 billion bankruptcy settlement for the Boy Scouts of America brought.

·Los Angeles, United States
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Devdiscourse broke the news in India on Thursday, February 22, 2024.
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