
The Wall Street Journal reported that BSA was considering bankruptcy in the face of dwindling membership and the increasing legal costs.
The Wall Street Journal reported Wednesday that the youth organization was considering bankruptcy in the face of dwindling membership and the increasing legal costs. The law firm Sidley Austin LLP was hired to explore options, the newspaper reported.
The law firm did not immediately respond to a request for comment from USA TODAY.
Michael B. Surbaugh, chief scout executive, issued a statement "in anticipation of news reports that will speculate about the BSA's financial position." He said the group was working with experts he did not name to explore all options aimed at ensuring that the group's programming continues uninterrupted.
"We have a social and moral responsibility to fairly compensate victims who suffered abuse during their time in scouting," he said. "And we also have an obligation to carry out our mission to serve youth, families and local communities."














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