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Friday 7 december 2018

USA

Gymnastics

files for GOLDEN

bankruptcy

after sex-

abuse STATEMENT

scandal

AP Sports Writer
USA Gymnastics is turning
to bankruptcy in an at-
tempt to ensure its survival.
The embattled organiza-
tion filed a Chapter 11
bankruptcy petition on
Wednesday in an effort to
reach settlements in the
dozens of sex-abuse law-
suits it faces and to avoid
its potential demise at the
hands of the U.S. Olympic
Committee. USA Gym-
nastics filed the petition
in Indianapolis, where it
is based. It faces 100 law-
suits representing over 350
athletes in various courts
across the country who
blame the group for failing
to supervise Larry Nassar,
a team doctor accused
of molesting them. Nassar,
55, worked at USA Gym-
nastics and Michigan State
University for decades.
He is serving effective life
sentences for child porn
possession and molesting
young women and girls
under the guise of medical
treatment. Kathryn Carson,
the recently elected chair-
woman of USA Gymnas-
tics' board of directors, said
the organization's goal is to
speed things up after me-
diation attempts failed to
gain traction. “Those dis-
cussions were not moving
at any pace,” Carson said.
“We as a board felt this was
a critical imperative and Curry's 42 leads Warriors past
decided to take this ac-
tion.” The filing does not af- Cavaliers in faux Finals rematch
fect the amount of money
available to victims, which
would come from previ- Golden State Warriors' Stephen Curry, left, drives to the basket against Cleveland Cavaliers' Tristan Thompson in the second half of
ously purchased insurance an NBA basketball game, Wednesday, Dec. 5, 2018, in Cleveland. The Warriors won 129-105.
coverage, she said. Associated Press
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