U.S. High Court Vacates Administrative Stay In Boy Scouts’ Bankruptcy Plan Dispute

( February 26, 2024, 1:47 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court vacated Justice Samuel A. Alito Jr.’s Feb. 16 order that administratively stayed a Delaware federal court’s order affirming a bankruptcy judge’s confirmation of the Boy Scouts of America’s third modified, fifth amended Chapter 11 reorganization plan that contemplates the creation of a settlement trust to “assume liability for all Abuse Claims,” denying the application for stay....