Posts Tagged bankruptcy court
Milwaukee archdiocese settles for $21 million with abuse victims / Associated Press in The Boston Globe
The Roman Catholic Archdiocese of Milwaukee said Tuesday (Aug. 4) that it will pay $21 million to more than 300 victims of clergy abuse in a settlement that would end a four-year bankruptcy proceeding.
“The proposed deal, which will be part of a reorganization plan submitted to a bankruptcy court later this month, was to be reviewed by a judge overseeing the case at a Nov. 9 hearing. Archbishop Jerome Listeki called the settlement a ‘new Pentecost.’
“’Today, we turn the page on a terrible part of our history and we embark on a new road lined with hope, forgiveness and love,’ Listecki said in a statement …
“Attorney Jeff Anderson, who represents 350 of the approximately 570 people with bankruptcy claims, criticized the archdiocese for trying to have hundreds of claims thrown out of court before a November bankruptcy hearing. As a result, the creditors’ committee was forced to prevent the case from being drawn out any longer, Anderson said.”
By Scott Bauer, Associated Press, in The Boston Globe — Click here to read the rest of this story.