
Tampa Florida News Article about payout delay
Not 100% sure if someone has already shared this article but a Tampa, Florida news station investigated the slow payouts and it was an interesting article, shining a brighter light on what we’re still having to deal with. Here’s an interesting snippet of a perspective of an uninvolved bankruptcy attorney. - also there a link to the story. You can also google:
Bankruptcy attorneys collect millions while Boy Scout sex abuse survivors wait for settlements.
Steven Berman is a bankruptcy attorney with no involvement in the case. We asked him to review the trust fund's annual reports since 2023.
"The timing of payouts has taken too long. The expenses for professionals is too high in relation to the amount of the payouts," Berman said.
"It's imperfect for sure. I think it is difficult to reconcile a large claim like that that has been allowed and a small distribution when the costs of administration are so high," Berman said.”