Distressed Solutions: USA Gymnastics: A Brief Overview of the Bankruptcy Issues - a podcast by K&L Gates

In 2016, Rachel Denhollander and another former gymnast revealed that they had been sexually assaulted by Larry Nassar, a doctor working with USA Gymnastics. Since then, there have been over 250 identified victims of Dr. Nassar. Those claims have resulted in several high-level departures from USA Gymnastics, including the CEO and the replacement CEO. The U.S. Olympic Committee began decertification proceedings. Several sponsors have discontinued their relationship. USA Gymnastics is in a tailspin, and is looking to Chapter 11 for a solution. Our podcast will discuss the pros and cons of the bankruptcy filing, and some issues that USA Gymnastics may have to face as the case moves forward.

Presenters: Elisa D’Amico and Jeffrey Kucera 

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