Posts Tagged Chapter 11 bankruptcy
New archive of Santa Fe clergy abuse documents hailed as unprecedented / National Catholic Reporter
Posted by Voice of the Faithful in Catholic Bishops, Catholic Church Finances, Clergy Sexual Abuse, Voice of the Faithful on February 22, 2023
The archive agreement states that the archive will include documents ‘including but not limited to’ clergy personnel files, other perpetrator personnel files, victim files, investigative files, investigative transcripts, depositions, clergy risk assessments, minutes of Personnel Board and Permanent Review Board meetings, assignment records, seminary records, statements given to investigators or law enforcement, and under oath proof of claim forms from the Chapter 11 case.By Elizabeth Hardin-Burrola, National Catholic Reporter
“An unprecedented public archive of clergy sexual abuse documents is being established at the University of New Mexico thanks to a collaborative agreement between abuse survivors and the Archdiocese of Santa Fe.
“The archive, documenting one of the U.S. Catholic Church’s epicenters of sexual abuse and coverup, is the result of a commitment Santa Fe Archbishop John Wester made to the creditors’ committee that represented clergy sex abuse claimants in the archdiocese’s concluding Chapter 11 bankruptcy case.
“The archdiocese, five participating religious orders and their insurers are funding the $121.5 million settlement trust, finalized in December 2022. In addition, the religious orders will contribute more than $7.7 million for specific claims against their members.
“Albuquerque attorney Brad Hall, along with law partner Levi Monagle and co-counsel Lisa Ford, represented 145 abuse survivors in the bankruptcy — more than one-third of the 395 claimants. Hall told NCR he hopes Santa Fe’s abuse document archive will become a template for current and future Chapter 11 cases involving sexual abuse.”
By Elizabeth Hardin-Burrola, National Catholic Reporter — Read more …
St. Paul Archdiocese declares bankruptcy, calling it ‘fairest’ course / Star Tribune
Posted by Voice of the Faithful in Catholic Church Finances, Clergy Sexual Abuse, Voice of the Faithful on January 20, 2015
The Archdiocese of St. Paul and Minneapolis filed for Chapter 11 bankruptcy Friday, becoming the 12th in the nation to say its treasury cannot withstand the unprecedented wave of lawsuits from clergy abuse victims.
“The move freezes lawsuits against the church, protecting the archdiocese from creditors while allowing it to develop a reorganization plan. It also halts three abuse trials scheduled to begin Jan. 26.”
By Jean Hopfensperger, Star Tribune — Click here to read the rest of this story.