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Boy Scouts of America files bankruptcy amid hundreds of child sex-abuse lawsuits Updated: 2020-02-19 06:59:58 KST

The Boy Scouts of America has filed for bankruptcy amid child sexual abuse scandals.
USA Today estimates its liabilities of between 500-million U.S. dollars to 1-billion.
The organization's estimated assets are between 1-billion dollars to 10-billion.
The filing comes as the organization facing hundreds of sexual abuse lawsuits, and decreasing membership numbers.
Last April, court testimony has revealed that more than 78-hundred of its former leaders were involved in sexually abusing more than 12-thousand children over more than 70 years.
Since the bankruptcy filing, all lawsuits brought against it are now suspended.
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