Haynes and Boone has a significant connection to the Boy Scouts of America (BSA), now known as Scouting America, primarily through its involvement as insurance-coverage counsel in the BSA's Chapter 11 bankruptcy proceeding.
Here's a breakdown of their relationship:
- Representation in Chapter 11: Haynes Boone, particularly its Insurance Recovery Practice Group, played a key role in representing the BSA in its bankruptcy case and related appeals, according to Haynes Boone.
- Settlement and Reorganization: The firm worked to resolve disputes with several insurers, resulting in substantial settlements (approximately $1.6 billion) that contributed to the survivors' settlement trust.
- Trust Distribution Procedures: Haynes Boone was also instrumental in establishing the procedures governing the distribution of assets to the claimants.
- Joint Representation: Haynes Boone worked in coordination with White and Case LLP in representing the BSA.