The Second Mile Agrees To Not Transfer Assets Until Civil Claims Resolved
Posted Scott B. Cooper on Aug 28, 2012 in News
Posted on Aug 28, 2012
For victims, that means no money can be released until civil cases are settled.
The Second Mile was taken over by a Texas-based charity, the plan being to shut down The Second Mile and transfer its programs.
But until victims can settle civil lawsuits, The Second Mile leaders have agreed to stall that plan.
The charity Sandusky founded was unable to recover from the backlash after the abuse allegations surfaced.
The Second Mile had petitioned to allow the transfer of their programs and millions of dollars in assets to Texas-based Arrow Child and Family ministries.
But in a new court filing, The Second Mile says they agree to halt that process.
“It's a good thing, that The Second Mile is accepting this, which would delay settling any cases,” stated Scott Cooper, Attorney for Schmidt Kramer Law.
The latest petition still needs to be approved by the court.
The Second Mile continues to operate programs using cash reserves.