Slater Slater Schulman Releases Statement on Decision of U.S. Court of Appeals for the Third Circuit to Deny Stay and Allow Boy Scouts Bankruptcy Plan to Be Effectuated

NEW YORK, April 19, 2023 /PRNewswire/ -- Adam Slater of Slater Slater Schulman LLP, Co-Founder of the Coalition of Abused Scouts for Justice ("the Coalition") and a lead negotiator of the Plan of Reorganization ("the Plan") for the Boy Scouts of America ("BSA"), which includes the largest sexual abuse settlement fund in history, today released the following statement regarding the decision by the United States Court of Appeals for the Third Circuit to deny the request for a stay of the Plan:

"After years of protracted bankruptcy proceedings and decades of suffering in silence, tens of thousands of survivors of childhood sexual assault will now receive some tangible measure of justice. With this decision, the Plan will now become effective, and the Trust will be able to begin distribution of the historic $2.45B settlement fund. Even more important, it means that the safety measures and protections for current and future Scouts included in the Plan will also be put into place—and we know that for many survivors, this has been the highest priority. We commend the Court for bringing survivors one step closer to justice."

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ABOUT SLATER SLATER SCHULMAN LLP
Slater Slater Schulman LLP is a prominent full-service law firm with over 40 years of experience representing survivors of catastrophic and traumatic events. Our nationally renowned attorneys are committed to ensuring the best results for our clients through persistence and zealous representation. We have achieved successful resolutions in some of the most challenging cases in the industry, including complex historical sexual abuse cases involving massive institutions, including academic, religious, and youth organizations. Our firm also has been recognized for its efforts representing clients in pharmaceutical drug litigation, product liability litigation, environmental litigation, employment and labor law, medical malpractice, and personal injury, and has successfully represented thousands of World Trade Center survivors to receive compensation for their injuries. Learn more at sssfirm.com.

SOURCE Slater Slater Schulman LLP