Reeling from Nassar scandal, USA Gymnastics files for bankruptcy

Simone Biles performs a gymnastics routine.
(Image credit: Jared Wickerham/Getty Images)

USA Gymnastics, facing 100 lawsuits from victims of former team doctor Larry Nassar, filed bankruptcy on Wednesday.

Nassar was sentenced to 125 years in prison earlier this year after he pleaded guilty to molesting 10 girls. The new chairwoman of the USA Gymnastics board of directors, Kathryn Carson, said the organization owes it to survivors "to resolve, fully and finally, claims based on the horrific acts of the past and, through this process, seek to expedite resolution and help them move forward." The claims will be covered by insurance, but USA Gymnastics, which has lost several major sponsors, says it has "no other significant assets" to cover other expenses.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.