AVA Update 08/14/2026
We are writing to you today with an update on your claim against the Boy Scouts of America (BSA).
Next Wednesday, August 19, we will be back before Judge Silverstein for the hearing concerning the approximately $211 million in interest earned on the insurance money that was held in escrow. As I have said before, we believe that money belongs in the Trust for the benefit of you and the other claimants, and we are hopeful the hearing will finally give us some direction on where that money is going.
Last week, many of you wrote to me expressing concerns about the Future Claims Representative issue involving approximately $480 million. Believe me, I share your frustration that we have not received more clarity from the Trust on an issue involving this much money. We expect to receive the official agenda for the hearing early next week, which should give us a much better idea of exactly what Judge Silverstein intends to address.
There is continued movement on the insurance side, with additional carriers beginning to settle and more money making its way into the Trust. As we mentioned last week, Munich Reinsurance America and Allstate are two recent examples of that progress.
We received the Trust's updated August numbers as well. Since last month's report, another 328 claim determinations have been issued and another 4,473 disbursements have gone out. Nearly 97% of the General Trust claims have now received a determination, and slowly but surely, the Trust is nearing completion of that process.
Next week should be an important one. We will be following Wednesday's hearing closely and will provide you with a full breakdown of what transpired in next week's update, including anything that may affect the Future Claims issue, the interest money, or future distributions.
Thank you for taking the time to read this email. I hope you and your loved ones have a good weekend, and we will be back next week with an update following the hearing.