Boy Scouts’ deal with holdout abuse victims clears way for $2.7B settlement

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Boy Scouts’ deal with holdout abuse victims clears way for $2.7B settlement
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Tens of thousands of men that were sexually abused by Boy Scout leaders were one step closer to collecting a $2.7 billion settlement after a holdout committee of victims approved the organization&#…

it agreed to approve the settlement after securing “enhanced child protection procedures” and independent governance of the trust that will pay victims.in six months, would only continue to grow as coalition lawyers from dozens of firms worked to recover additional assets, a spokesperson said.

“This positive outcome is the result of weeks of productive negotiations led by Coalition attorneys, always with the interests of survivors top of mind,” lead legal negotiators Anne Andrews and Adam Slater said in a statement. “We thank the TCC for putting past differences aside and coming to the table on the Coalition’s bankruptcy Plan to fulfill our common goal of ensuring that all Boy Scouts abuse survivors have the opportunity to access the largest sex abuse settlement in history without further delay.”The Boy Scouts had previously apologized to victims and said it was committed to compensating them and protecting new members.

“We offer our heartfelt thanks to the and all supporting parties whose perseverance and significant time commitment to mediation was instrumental in the formation of this agreement,” the Boy Scouts said in a Thursday statement. Victims that spoke to The Post last year said they were hopeful that the approval of the settlement would“They’ve been in this kind of Dante’s Inferno of waiting. We now know that there’s a path forward and we can close this fairly soon and we can start to get some closure,” one man said of abuse he suffered in 1973.

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