(Reuters) – The Boys Scouts of America said on Wednesday it had emerged from Chapter 11 bankruptcy after securing approval of a $2.46 billion reorganization plan from a bankruptcy judge in September.
The organization had filed for bankruptcy in February 2020 after several U.S. states enacted laws allowing accusers to sue over decades-old abuse allegations.
(Reporting by Granth Vanaik in Bengaluru; Editing by Sriraj Kalluvila)