Archive for July 29th, 2016
Judge rejects bid to tap parishes, schools in archdiocese bankruptcy / Star Tribune
Posted by Voice of the Faithful in Catholic Church Finances, Clergy Sexual Abuse, Voice of the Faithful on July 29, 2016
Catholic parishes, schools and other church properties cannot be included among the assets in the bankruptcy of the Archdiocese of St. Paul and Minneapolis, a federal judge ruled Thursday (Jul. 28).
“U.S. Bankruptcy Judge Robert Kressel denied the request by a committee representing clergy abuse victims to consolidate the assets of various entities linked to the archdiocese, which would have increased funds available to settle victims’ claims.
“The decision was met with relief by Catholic parishes and a pledge to appeal the ruling by the victims’ committee.
“Archbishop Bernard Hebda said he was pleased with the decision.”
By Jean Hopfensperger, Star Tribune — Click here to read the rest of this story.