Madison Square Boys & Girls Club received court approval on Friday to exit bankruptcy with a $22 million settlement that will resolve over a hundred decades-old sexual abuse.
Brooklyn clubhouse sale will provide the bulk of settlement funds
U.S. Bankruptcy Judge Sean Lane in White Plains, New York approved the youth club's bankruptcy plan, which received support from 97% of sexual abuse claimants after Madison Square agreed to sell its Brooklyn Navy Yard clubhouse. Madison Square filed for Chapter 11 protection in June 2022 to address 140 abuse claims, nearly all of which stem from the conduct of a single doctor, Reginald Archibald, who volunteered at the youth club from the 1940s to the 1980s. Archibald, who died in 2007, also worked as a pediatric endocrinologist at Rockefeller University Hospital, which revealed his history of sexual misconduct in a 2018 investigation.
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