Boy Scouts: Bankruptcy will not impact local councils, troops

The Boy Scouts of America assured people Tuesday that its filing for Chapter 11 bankruptcy will not impact the operations of local Councils and troops.

"Local councils, which provide programming, financial, facility and administrative support to scouting units in their communities, have not filed for bankruptcy," a press relase from the Boy Scouts of America National Council said. "They are legally separate, distinct and financially independent from the national organization."

The release said BSA has filed for bankruptcy to use the Chapter 11 process to create a victims' compensation tr...