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TexasTowelie

(112,089 posts)
Fri Feb 8, 2019, 02:33 AM Feb 2019

Meeting in USA Gymnastics bankruptcy called 'frustrating'

INDIANAPOLIS (AP) — Three women suing USA Gymnastics over alleged sexual abuse by sports doctor Larry Nassar expressed frustration with its chief financial officer's lack of answers Thursday during a creditors meeting in the group's bankruptcy case, with one calling it "one big I-don't-know."

Indianapolis-based USA Gymnastics filed for Chapter 11 protection in December in an effort to reach settlements in the dozens of sex-abuse lawsuits it faces and to avoid its potential demise at the hands of the U.S. Olympic Committee.

Three Nassar accusers who are members of the creditors' committee were among those who questioned USA Gymnastics CFO Scott Shollenbarger for more than three hours Thursday during a meeting where creditors can confront the debtor in the early stages of the bankruptcy process.

They peppered Shollenbarger with questions about the group's assets, insurance policies, records it might have with the names of other abuse victims and their abusers, and its liabilities in claims filed by women who say Nassar abused them as young athletes.

Read more: https://www.macombdaily.com/sports/meeting-in-usa-gymnastics-bankruptcy-called-frustrating/article_682f3433-2508-5d4c-b97d-10c847f8b04b.html

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