SCOTUS Leaves Multibillion-Dollar Boy Scouts Bankruptcy Settlement In Place

The U.S. Supreme Court on Wednesday refused to examine a $2.4 billion bankruptcy settlement for the Boy Scouts of America.

Advertisement A cohort of 75 victims, among over 82,000 claimants against the Boy Scouts, contended that the justices ought to have revisited the settlement following their ruling last year in a comparable legal matter concerning Purdue Pharma, the manufacturer of the opioid analgesic OxyContin.

A 5-4 majority dismissed a bankruptcy settlement that would have protected the Sackler family from future litigation, despite their wealth being derived from operating the company.