Boy Scouts to exit bankruptcy after $2.46bn sex abuse settlement approved

Judge will allow the youth organization to exit Chapter 11 and settle decades of claims by more than 80,000 men

The Boy Scouts of America secured approval of a $2.46bn reorganization plan from a bankruptcy judge on Thursday that will allow the youth organization to exit Chapter 11 and settle decades of claims by more than 80,000 men who say they were abused as children by troop leaders.

US bankruptcy judge Laurie Selber Silverstein in Wilmington, Delaware, signed off on the restructuring proposal after the Boy Scouts made changes to address her previous ruling that had rejected portions of the settlement.