The Foundation for Global Sports Development delivers and supports initiatives that promote fair play, education, and the benefits of abuse-free sport for youth.
White Law PLLC was founded to provide more personalized representation to clients facing legal dilemmas. Whether you have an issue that is complex or relatively straightforward, any legal matter can have a significant impact on your life. Our team of experienced lawyers based in Okemos, Michigan, strive to deliver outstanding legal services that exceed your expectations. We utilize our extensive legal knowledge and the latest in technology to bring you effective and proven solutions to your legal issues.
USA Gymnastics has fallen. Now it’s using bankruptcy to avoid justice.
USA Gymnastics has fallen. Now it’s using bankruptcy to avoid justice.In November, the U.S. Olympic Committee decided to start proceedings to strip USAG of its governing-body status. The move was drastic, if unsurprising: It would leave the 200,000 gymnasts, coaches, clubs and judges who operate under its banner with no viable alternative entity to administer or sponsor the vast majority of competitions in the United States, whether low-level or elite. But the organization does not plan to relinquish its status anytime soon. Last week, before reactions could really take hold USAG filed for Chapter 11 bankruptcy protection.
On the surface, this may seem like the death knell of an irredeemably diseased entity. In actuality, it is the opposite: a shrewd and deeply cynical restructuring move that would allow the USAG to retain power. The organization will neither liquidate nor cease operations. Instead, the bankruptcy claim just happens to halt its decertification by the Olympic Committee and — even more crucially — stays all pending litigation: a staggering 100 lawsuits by 350 plaintiffs, calling for an estimated $150 million in damages.
Rebecca Schuman | December 11, 2018
Download View in BrowserThe Foundation for Global Sports Development delivers and supports initiatives that promote fair play, education, and the benefits of abuse-free sport for youth.
White Law PLLC was founded to provide more personalized representation to clients facing legal dilemmas. Whether you have an issue that is complex or relatively straightforward, any legal matter can have a significant impact on your life. Our team of experienced lawyers based in Okemos, Michigan, strive to deliver outstanding legal services that exceed your expectations. We utilize our extensive legal knowledge and the latest in technology to bring you effective and proven solutions to your legal issues.