Scouting Settlement Trust Launches Portal to Begin Processing Abuse Claims
"This day has been long in coming and is the beginning of a process intended to provide, finally, a measure of justice to Survivors," said the Hon.
Houser said the first group of Survivors to be eligible for claims processing are the approximately 7,000 who selected the Expedited Distribution (or "quick pay") liquidated payout when they submitted their ballots on the BSA's plan of reorganization in
A longer Trust Claims (non-expedited) questionnaire for the remaining approximately 75,000 Claimants will be provided within the next several weeks. Claimants or their counsel will receive the detailed questionnaire as well as additional instructions and deadlines when the online portal becomes available to them. Although speed is a priority, Houser said the Trust has a duty to treat all abuse claims securely, with a guarantee of fairness and confidentiality.
The Trust was established as part of the BSA's Chapter 11 bankruptcy plan of reorganization, but the Trust's work was delayed by multiple appeals of confirmation of that plan. Following approval of the plan by the Bankruptcy Court and the District Court on appeal, the Trust was authorized to begin its work earlier this year – which involves maximizing the value of the assets contributed to the Trust by BSA and others, evaluating claims and delivering compensation to Survivors with valid claims. At confirmation of the plan, the Trust's compensation fund was valued at approximately
Additional information can be found at www.scoutingsettlementtrust.com.
View original content:https://www.prnewswire.com/news-releases/scouting-settlement-trust-launches-portal-to-begin-processing-abuse-claims-301893625.html
SOURCE Scouting Settlement Trust
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