"Boy Scout Lives Matter," Says Legal-Bay Lawsuit Funding, as they Near 100K Sex Abuse Claims Filed Via Bankruptcy Process - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 24, 2020 Newswires
Share
Share
Tweet
Email

“Boy Scout Lives Matter,” Says Legal-Bay Lawsuit Funding, as they Near 100K Sex Abuse Claims Filed Via Bankruptcy Process

PR Newswire

WASHINGTON, Nov. 24, 2020 /PRNewswire/ -- Legal-Bay, The Pre-Settlement Funding Company, announced today that while they are still funding a limited number of Boy Scouts of America Cases, they are appalled at the final tally of over 92K claims of sexual abuse and harassment already filed. Legal-Bay's last estimate of cases filed over the summer was around 25K, however, with a deadline of November 16 to submit all claims, that number has soared. Unfortunately, the high number of claims is putting a major strain on the settlement amounts awarded to plaintiffs at the culmination of their trials.

Legal-Bay LLC Logo (PRNewsFoto/Legal-Bay LLC)

While the country's focus throughout much of 2020 was on Black Lives Matter protests and Donald Trump campaign rallies occurring amidst a worldwide pandemic, it was easy to ignore an equally significant epidemic unfolding throughout our country: The sexual abuse of our nation's children. Between a presidential election, escalating racial unrest, and COVID, the country's priorities have shifted away from these kids over the course of this tumultuous year.

Legal-Bay has never wavered in its dedication to children's causes. They've been supporting victims of childhood sexual abuse for years; it's an issue that has affected thousands of innocent children within organizations such as the Boy Scouts of America, the Catholic Church, or state-run group homes. 

Chris Janish, CEO of Legal-Bay commented, "Shame on America for turning their backs on the systemic sex abuse problem we have in this country in regards to children.  Whether it be the Sandusky case at Penn State, the Larry Nassar assaults on our Olympic athletes, or the numerous BSA and Catholic Church abuse cases, these situations are horrific in nature and have caused life-long mental and emotional harm to almost every single victim. Our hearts go out to the survivors, and we hope that they'll see ample compensation along with more effective measures put in place to ensure that children are better protected in the future."  

If you are involved in a sex abuse case of any nature and wish to get a loan for settlement funding, or you'd like a free case evaluation on the potential settlement amount of your lawsuit, feel free to visit Legal-Bay HERE or call: 877.571.0405 where agents are standing by 24/7 to answer your questions.  

Due to the sheer number of claims being filed via bankruptcy courts, Legal-Bay predicts that the BSA cases and ultimate payments to victims could drag on for three years or longer. And due to BSA's limited assets and bankruptcy filings, plaintiffs may not see high settlement amounts or values. Cases will most likely be batched in tiers of categories ranging from the most severe to the least.  However, certain Catholic dioceses that have substantial assets and fewer cases could see settlement values north of $1 million, even for individual lawsuits. Legal-Bay is constantly updating its underwriting criteria as the landscape changes with each new case and jurisdiction.

Legal-Bay remains committed to helping victims of sex abuse or sexual harassment by providing instant pre-settlement funding capital to pay bills as they wait out their court cases to settle. The company is also very active in funding all types of personal injury and accident cases, including car, boat, or truck accidents, as well as wrongful termination, workplace discrimination, wrongful conviction or imprisonment, police brutality, medical malpractice, commercial litigation, and more.

If you have been or know a victim of any type of sexual abuse, assault, or harassment and need an immediate cash advance lawsuit loan, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Aside from sexual abuse loans for settlements, Legal-Bay also provides pre settlement funding for all types of cases including personal injury, car accident, medical malpractice, judgment on appeal, commercial litigation, and more. Their loans for lawsuits have helped numerous plaintiffs through many a financial crisis. 

Legal-Bay's loan settlement programs provide immediate cash in advance of a plaintiff's anticipated monetary award. The non-recourse case funding—sometimes referred to as loans for lawsuit or loans on settlement—are risk-free, as the money doesn't need to be repaid should the recipient lose their case. Therefore, the lawsuit loans aren't really loans, but rather a cash advance.

To apply now, please visit us HERE or call toll-free at: 877.571.0405 where agents are standing by.

 Contact:

Chris Janish, CEO

Email:  [email protected] 

Ph.: 877.571.0405

Website: www.Legal-Bay.com 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/boy-scout-lives-matter-says-legal-bay-lawsuit-funding-as-they-near-100k-sex-abuse-claims-filed-via-bankruptcy-process-301179510.html

SOURCE Legal-Bay, LLC

Older

Awaiting Janet Yellen At Treasury: Yet Another Daunting Crisis

Newer

‘Annuity King’ Facing More Charges In $6.3M Florida Fraud Case

Advisor News

  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
  • Are the holidays a good time to have a long-term care conversation?
  • Gen X unsure whether they can catch up with retirement saving
More Advisor News

Annuity News

  • Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
  • Life insurance and annuities: Reassuring ‘tired’ clients in 2026
  • Insurance Compact warns NAIC some annuity designs ‘quite complicated’
  • MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
  • New York Life continues to close in on Athene; annuity sales up 50%
More Annuity News

Health/Employee Benefits News

  • Health Insurance Costs Are Set to Explode After Republicans Reject Extended Tax Credits
  • Recent Findings in Mental Health Diseases and Conditions Described by Researchers from National Health Insurance Service (The Net Effect of Positive Changes in Alcohol Consumption on Mental Health Among South Korean Adults): Mental Health Diseases and Conditions
  • Data on Health and Medicine Detailed by Researchers at Boston Children’s Hospital (Health Care Access Outcomes for Immigrant Children and State Insurance Policy): Health and Medicine
  • Study Findings from Harvard Medical School Provide New Insights into Managed Care (Distance and Likelihood of Cardiovascular Imaging Receipt Among Medicare Beneficiaries: Cardiovascular Imaging Deserts Among Medicare Beneficiaries): Managed Care
  • Studies from University of Vermont Provide New Data on Cancer (Increasing Access To Cancer-related Diagnostic Care Using Health Insurance: Evidence From South Asia): Cancer
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Manulife Financial Corporation and Its Subsidiaries
  • AM Best Upgrades Credit Ratings of Starr International Insurance (Thailand) Public Company Limited
  • PROMOTING INNOVATION WHILE GUARDING AGAINST FINANCIAL STABILITY RISKS ˆ SPEECH BY RANDY KROSZNER
  • Life insurance and annuities: Reassuring ‘tired’ clients in 2026
  • Reliance Standard Life Insurance Company Trademark Application for “RELIANCEMATRIX” Filed: Reliance Standard Life Insurance Company
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
  • ePIC University: Empowering Advisors to Integrate Estate Planning Into Their Practice With Confidence
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet