Tag: Bankruptcy

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News & Notes – October 2022

A round-up of pertinent topics this month:

Charter renewal time, again

Like Groundhog Day, rechartering comes around every year and like it or not, we have to deal with it. Online membership applications along with Internet Rechartering 2.0 have made the process considerably smoother, but you still need to be organized in order to get it done on time.

The way to get started is to confirm that your membership roster, as shown in the Roster Manager for your unit on my.scouting.org, is accurate. Continue reading “News & Notes – October 2022”

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What do we tell the children?

Bankruptcy imageBy now, you’ve heard the news, along with the rest of the country, about the national Boy Scouts of America filing for Chapter 11 bankruptcy protection. “The Boy Scouts are bankrupt!” made its way across the country, along with allegations and suspicions and lots of finger-pointing.

While it’s bad news for our movement here in the US, it’s not entirely unexpected. We’ve known for months that the BSA retained a bankruptcy law firm to explore the Chapter 11 avenue. The US court system refers to Chapter 11 as “reorganization”, meaning that the corporation voluntarily petitions the court for the ability to restructure its debt while operating under the supervision of a court-appointed trustee.

In the case of the BSA, the reorganization was undertaken to be able to manage the pending and future cases of alleged child abuse against BSA volunteers and the way the organization handled them. Continue reading “What do we tell the children?”