WASHINGTON – The Boy Scouts of America have hired a law firm to look into a possible bankruptcy proceeding as a protection from possible litigation, according to several media outlets.
The law firm Sidley Austin LLP has been hired to look into possible Chapter 11 bankruptcy filing assistance.
The Wall Street Journal reported that filing for bankruptcy would halt the many lawsuits the organization faces alleging inappropriate conduct by employees.
In a released statement the Boy Scouts of America stated no immediate action is planned at this time.
“We are working with experts to explore all options available to ensure that the local and national programming of the Boy Scout of America continues uninterrupted,” Michael Surbaugh, chief scout executive, stated.