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The Boy Scouts of America filed for bankruptcy early Tuesday morning. According to CNN, court documents were filed in Delaware bankruptcy court. The youth organization listed liabilities of between $100 million and $500 million, but $50,000 or less in assets. The bankruptcy filing comes at a time when the organization faces hundreds of sexual abuse lawsuits. As a result of the filing, all civil litigation against the organization is suspended.

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  • Uploaded    02/18/2020
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