Judge Robyn L. Moberly of the US Bankruptcy Court in the Southern District of Indiana officially approved the settlement in court Monday.
“The plan has been overwhelmingly accepted by all parties to this bankruptcy. The court certainly finds that it’s feasible,” Moberly said.
USA Gymnastics said in a statement that the settlement, which also includes non-monetary commitments focused on athlete safety and wellness, will allow it to emerge from bankruptcy by the end of 2021.
“USA Gymnastics is deeply sorry for the trauma and pain that Survivors have endured as a result of this organization’s…
