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Boy Scouts get conditional approval of $850M bankruptcy deal

The Boy Scouts of America symbol
Boy Scouts of America

A bankruptcy judge has approved a proposal by the Boy Scouts of America to set up an $850 million fund to compensate tens of thousands of men who say they were sexually abused as youngsters by Scout leaders.

The judge on Thursday also rejected two key provisions of the deal, potentially jeopardizing the agreement that the organization had hoped to use as a springboard to emerge from bankruptcy later this year.

It was not immediately clear how the ruling will affect the future of the bankruptcy case of the Texas-based BSA.

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