Bankruptcy judge rules against payment to advisors representing sex-abuse victims

  • Bankruptcy judge denies $21 million in fees to advisors representing sex-abuse victims in Boy Scouts case
  • Six firms representing personal injury firms denied payment from Boy Scouts estate
  • Coalition of Abused Scouts for Justice at odds with official committee of abuse survivors
  • Judge rules that advisors should be paid by the personal injury firms they represented

A bankruptcy judge has denied a request for $21 million in fees from six firms representing a group of personal injury firms who were advocating for 18,000 sex-abuse victims in the Boy Scouts case. The Coalition of Abused Scouts for Justice, formed by the personal injury firms, clashed with the official committee of abuse survivors throughout the case. The judge ruled that the advisors should be paid by the personal injury firms they represented, as their work primarily served the interests of those firms. This decision is in line with the usual practice in bankruptcy cases.

Public Companies: Boy Scouts of America (N/A)
Private Companies: undefined
Key People: Judge Laurie Selber Silverstein (U.S. Bankruptcy Court Judge)

Factuality Level: 8
Justification: The article provides specific details about the bankruptcy judge denying $21 million in fees requested by six firms representing a group of personal injury firms. It also mentions the conflict between the Coalition of Abused Scouts for Justice and the official committee of abuse survivors. The article includes quotes from Judge Laurie Selber Silverstein explaining her decision. Overall, the article provides factual information about the court ruling and the reasons behind it.

Noise Level: 8
Justification: The article provides relevant information about a bankruptcy judge denying $21 million in fees requested by six firms representing a group of personal injury firms in the Boy Scouts of America case. It explains the conflict between the Coalition of Abused Scouts for Justice and the official committee of abuse survivors. However, the article lacks scientific rigor, intellectual honesty, and evidence to support its claims. It also does not provide actionable insights or solutions.

Financial Relevance: No
Financial Markets Impacted: No

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article does not pertain to financial topics and does not describe any extreme event. It focuses on a bankruptcy judge denying fees to six firms representing personal injury firms in the Boy Scouts of America case.

Reported publicly: www.marketwatch.com