January 30, 2020
USA Gymnastics files bankruptcy plan including $215m offerGoverning body, survivors have been in mediation since 2018Disgraced doctor is serving decades in prison for sexual abuseUSA Gymnastics has filed a bankruptcy plan that includes an offer of $215m for sexual abuse survivors to settle their claims against the embattled organization.
Larry Nassar survivors offered $215m settlement by USA Gymnastics
The $215m total is the amount USA Gymnastics’ insurance carriers are willing to provide the sport’s national governing body to end years of legal battles with athletes who were abused by former national team doctor Larry Nassar. The two sides have been in mediation since USA Gymnastics filed for bankruptcy in December 2018.
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