U.S. District Court Judge Richard G. Andrews has issued an opinion upholding the Boy Scouts of America’s reorganization plan, overriding objections from insurance companies and certain groups of claimants.
The District of Delaware decision allows the largest sexual abuse settlement in U.S. history to proceed with distribution, including $2.46 billion already available and potentially another $4 billion from BSA insurers who haven’t settled and assets that haven’t been liquidated.