U.S. High Court Stays Order Affirming Confirmation Of Boy Scouts’ Bankruptcy Plan

(February 20, 2024, 2:34 PM EST) -- WASHINGTON, D.C. — U.S. Supreme Court Justice Samuel A. Alito Jr. on Feb. 16 administratively stayed a Delaware federal court’s order affirming a bankruptcy judge’s confirmation of the Boy Scouts of America’s third modified, fifth amended Chapter 11 reorganization plan that contemplates the creation of a settlement trust to “assume liability for all Abuse Claims” pending further order by the Third Circuit U.S. Court of Appeals or the high court on the appeals of two sets of abuse claimants....