The Boy Scouts of America has filed for Chapter 11 bankruptcy protection as the sexual abuse lawsuits mount up.
The filing stops all the lawsuits against the 110 year old organization in their tracks.
“You’re talking about thousands of perpetrators," Seattle-based lawyer Michael Pfau, who has represented more than 300 Boy Scout victims in 34 states, told the New York Daily News. "You’re talking about tens of thousands of victims. This will be the largest bankruptcy the country has ever seen, and likely one of the largest corporate bankruptcies.”
So is this the beginning of the end?
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