"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
Post
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

  • NAIFA: Financial professionals are essential to the success of Trump Accounts
  • Changes, personalization impacting retirement plans for 2026
  • Study asks: How do different generations approach retirement?
  • LTC: A critical component of retirement planning
  • Middle-class households face worsening cost pressures
More Advisor News

Annuity News

  • Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
  • FIAs are growing as the primary retirement planning tool
  • Edward Wilson Joins SEDA, Bringing Deep Expertise in Risk Management, Derivatives Trading and Institutional Prime Brokerage
  • Trademark Application for “INSPIRING YOUR FINANCIAL FUTURE” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Jackson Financial ramps up reinsurance strategy to grow annuity sales
More Annuity News

Health/Employee Benefits News

  • Data on Managed Care Reported by Researchers at Dartmouth College Geisel School of Medicine (Impact of the Medicare carotid stenting national coverage determination on procedure utilization and long-term stroke risk after carotid …): Managed Care
  • New Managed Care and Specialty Pharmacy Findings Has Been Reported by Howard Weston Schmutz et al (Challenges of the Inflation Reduction Act for long-term care pharmacy: Examining impact and policy solutions): Drugs and Therapies – Managed Care and Specialty Pharmacy
  • University of Washington Reports Findings in Managed Care (Too Sick to be True? Evaluating Potentially Problematic Diagnosis Coding Practices in Medicare’s Patient-Driven Payment Model): Managed Care
  • Falling off the cliff: Loss of insurance subsidies hits Durango's middle class
  • Universite Paris 1 Pantheon-Sorbonne Reports Findings in Science (Misperception, self-reported probabilities and long-term care insurance take-up in the United States): Science
More Health/Employee Benefits News

Life Insurance News

  • Brighthouse Financial Announces Fourth Quarter and Full Year 2025 Results
  • Genworth Financial Announces Fourth Quarter 2025 Results
  • Corporate PACs vs. Silicon Valley
  • IUL tax strategy at center of new lawsuit filed in South Carolina
  • National Life Group Announces 2025-2026 LifeChanger of the Year Grand Prize Winner
Sponsor
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

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
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
© 2026 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