INDIANAPOLIS (AP) - The Latest on a creditors’ meeting on USA Gymnastics’ bankruptcy filing (all times local):
5:30 p.m.
Three women who are suing USA Gymnastics over alleged sexual abuse by sports doctor Larry Nassar expressed frustration with its chief financial officer’s lack of answers during a meeting on the group’s bankruptcy proceedings.
USA Gymnastics filed for Chapter 11 protection in December. During a Thursday creditors meeting, three Nassar accusers who are members of the creditors’ committee questioned the Indianapolis-based group’s CFO about its assets, insurance policies and its liabilities in claims filed by women who accused Nassar of abuse.
Scott Shollenbarger replied that USA Gymnastics has an estimated $75 million to $150 million in liability claims, but he said he couldn’t answer many of their other questions.
Tasha Schwikert, who earned bronze at the 2000 Summer Olympics, said she was “incredibly frustrated” with his lack of answers, calling the meeting “one big I-don’t-know.”
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2:10 p.m.
The first woman to publicly accuse sports doctor Larry Nassar of sexual abuse is expected to question USA Gymnastics’ chief financial officer in bankruptcy court.
Attorney John Manly says Rachael Denhollander will question Scott Shollenbarger about the Indianapolis-based group’s assets and how many claims have been filed by Nassar’s victims.
USA Gymnastics filed for Chapter 11 protection in December. In a bankruptcy, creditors can confront the debtor early in the process. A meeting is scheduled for Thursday in Indianapolis.
Denhollander was the first woman to go public with accusations against Nassar. He was sentenced to decades in prison for possessing child pornography and molesting young women and girls.
He worked for decades at USA Gymnastics and Michigan State University.
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For more stories on Larry Nassar and the fallout from his years of sexual abuse of young women and girls: https://www.apnews.com/LarryNassar
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