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Boy Scouts Move Closer to Bankruptcy Exit With Two Settlement Deals – The Wall Street Journal

Insurer Hartford and the Mormon Church have agreed to pay more than $1 billion combined to sex-abuse victims, but the official victims committee says that is not enough. Photo: LM Otero/Associated Press The Boy Scouts of America took a step closer to reaching a resolution with tens of thousands of sex-abuse victims and exiting bankruptcy by signing deals totaling more than $1 billion with Hartford Financial Services Group Inc., one of the group’s biggest insurers, and the Church of Jesus Christ of Latter-day Saints, which had been a supporter of its activities. The deals have the support of lawyers representing …

 

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