Reply To: Child Victims Act now in effect in NYS

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#1776200
Abba_S
Participant

I don’t see what the big deal is all of these lawsuits are for money as I previously stated most if not all yeshivas run on a deficit which is made up by fundraising. If the yeshiva is sued they should look at the evidence if they have a good case or it looks like it’s going to drag on for a long time so that the yeshiva will incur a large legal expense. The Yeshiva can declare bankruptcy and list the plaintiff as a creditor. After filing for bankruptcy file a copy with the judge hearing the case and the lawsuit is over. If the yeshiva has a good bankruptcy attorney the yeshiva will be absolved from any future suits for actions that took place prior to the filing. The Administrator can stop fundraising during this period and promise the staff and suppliers that if they are not paid out of the bankruptcy proceeds they will be paid afterwards by a fundraising appeal. The only thing to fear is the bad publicity, but as long as the parent body and the alumni are behind them there is nothing to worry about.

No one other than the abuser or those who failed to take proper action when they were notified are liable for any damages. So all they have to do is flee the jurisdiction move out of state either to NJ or CT for example, then this law doesn’t apply, I am not sure if bankruptcy absolves one from liability for a criminal act which is why I am advising them to move out of state