Boy Scouts of America may declare bankruptcy

The Boy Scouts of America is mulling declaring bankruptcy amid flagging membership and an avalanche of costly sex abuse allegations, according to the Wall Street Journal. Leaders have hired Chicago law firm Sidley Austin for help in a potential Chapter 11 bankruptcy filing, sources told the outlet. The organization has been fending off lawsuits over...

from News | New York Post https://ift.tt/2EeRjgW

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