DOVER, Del. (AP) — The judge handling the Boy Scouts of America bankruptcy has approved the BSA’s request to sell its warehouse and distribution center in North Carolina for roughly $13.5 million and lease back the property from the buyer.
The BSA wants to use some of the proceeds from the sale approved Friday as part of its contribution to a proposed $2.6 billion fund to compensate tens of thousands of men who claim they were sexually abused as children while involved in Scouting.
After a monthlong trial, the judge continues to weigh whether to approve the Boy Scouts’ reorganization plan.
She noted Friday that the case presents thorny issues she has never previously faced as a bankruptcy judge.
