The Boy Scouts Are Filing For Bankruptcy. Here's What Led to Their Downfall

   

The Red Elephants Vincent James

 

Published on Dec 14, 2018

Facing mounting legal costs from defending itself against lawsuits and massive decline in membership, the Boy Scouts is considering filing for Chapter 11 protection, The Wall Street Journal is reporting.

The BSA has reportedly hired the Sidley Austin LLP law firm and released a statement on Wednesday saying that it was “working with experts to explore all options available to ensure that the local and national programming of the Boy Scouts of America continues uninterrupted.”

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