NEW YORK: USA Gymnastics has offered Larry Nassar's victims a $215 million settlement as part of a plan for the organization to ward off bankruptcy.

USA Gymnastics filed a plan of reorganization with the US Bankruptcy Court for the Southern District of Indiana Thursday that will enable it to emerge from bankruptcy.

Jun 11, 2019 17:06
MUMBAI: Sri Lanka Cricket (SLC) is at the risk of going bankrupt within the next nine months, Cricket Age reports. The article published by the Indian cricket news website argues that the insensible decisions of two top-level officials at SLC has pushed the Sri Lankan cricket board into a financial crisis.