Boy Scouts' money struggles: Is bankruptcy an option?
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December 14, 2018
NEW YORK (AP) — The Boy Scouts of America deflected questions about a report suggesting it is considering seeking bankruptcy protection, though the head of the organization said it is exploring "all options" as it tries to stay afloat while facing sexual abuse lawsuits and dwindling membership.
"I want to assure you that our daily mission will continue and that there are no imminent actions or immediate decisions expected," Chief Scout Executive Mike Surbaugh said in a statement issued Wednesday evening.
Surbaugh was responding to a Wall Street Journal report that the BSA, founded in 1910, had...
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