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USA Gymnastics Proposed Plan Has $425 Million for Nassar Abuse Survivors

Submitted by jhartgen@abi.org on

A USA Gymnastics reorganization plan includes up to $425 million for survivors who say they were sexually abused by former team doctor and convicted sex offender Larry Nassar, NBCNews.com reported. The dollar amount is contained in court documents filed yesterday with an Indiana bankruptcy court, and the organization said that it was reached with a survivors’ committee. Hundreds of women say they were sexually assaulted by Nassar, the former doctor for USA Gymnastics who pleaded guilty to sexually abusing 10 minors in a Michigan court in 2017 and is serving up to 175 years in prison. He is expected to be behind bars for the rest of his life. "After extensive discussions, this plan has been jointly proposed by USA Gymnastics and the Committee, and it is supported by many of the involved insurers," USA Gymnastics said yesterday. "We anticipate that this plan will be confirmed later this year and greatly appreciate all parties’ efforts to get to this point." Survivors still have to vote on the plan. The $425 million figure is if insurers agree; other alternatives are for partial settlement or a return to litigation, according to the documents. USA Gymnastics filed for bankruptcy protection in 2018 in the wake of the scandal and lawsuits.