USA Gymnastics files for bankruptcy protection

Last Updated: Dec 06 2018 16:22

GYMNASTICS- USA Gymnastics has filed for bankruptcy to settle lawsuits brought by Larry Nassar’s sexual abuse victims.

The sports body has filed for Chapter 11 bankruptcy in Indiana.

In a statement on the organization’s website, USA Gymnastics said, “This filing will enable USA Gymnastics to continue to support its athletes, to fully operate and meet its responsibilities to the entire membership and to expeditiously resolve the claims made by the survivors of sexual abuse perpetrated by Larry Nassar.”

“We owe it to the survivors to resolve, fully and finally, claims based on the horrific acts of the past and, through this process, seek to expedite resolution and help them move forward.”

But John Manly, a lawyer who represents many survivors of Nassar’s crimes, believes the bankruptcy is just a way to thwart investigators from uncovering the truth of the Nassar scandal.