Results from Tag: 'bankruptcy'
FBI Probe Could Help Prosecute Louisiana Priests Accused of Inter-State Sex Abuse
The federal probe could pave the way for further revelations and further lawsuits against the New Orleans archdiocese.
Some Abuse Victims Dissatisfied by Rochester Diocese’s Bankruptcy Plan
More than 475 abuse claims have been filed against the diocese.
Majority of Camden Diocese Abuse Claims Left Unprocessed Amid Bankruptcy Filing
Following Camden’s bankruptcy declaration, the remaining alleged victims — along with all of the dioceses creditors – will have a limited pot of money to draw from, and settlements will be determined by a bankruptcy court.
New Jersey's Camden Diocese Declares Bankruptcy
Bishop Dennis Sullivan said that a triple blow of new abuse lawsuits, a drop in donations due to the pandemic, and $8 million in payouts through the New Jersey Independent Victims Compensation Program were behind the bankruptcy declaration.
Rockville Centre is Fourth NY Diocese to File for Bankruptcy
Several dioceses in the state have filed for bankruptcy due to the large number of lawsuits filed under the Child's Victim Act.
Vatican Official Reminds Bishops: Diocesan Bankruptcies Could Require Vatican Approval
Several dioceses in the United States have declared bankruptcy in the last year, several doing so after states passed laws opening a window in the statue of limitations for historical instances of sexual abuse.
Catholic Diocese of Syracuse to File for Bankruptcy Amid Child Victims Act Suits
Bishop Lucia said only the diocese itself has filed for Chapter 11; the parishes, foundation, Catholic Charities, and Catholic schools of Syracuse are separate corporations and are not affected by the bankruptcy filing.
St. Cloud Diocese Reaches Settlement on Abuse Claims, Will File for Bankruptcy
The diocese stressed its dedication to accountability and healing from past abuse, as well as efforts to prevent abuse in the future.
Archdiocese of New Orleans Files for Bankruptcy
Archbishop Aymond said he believes Chapter 11 reorganization will allow for a timely resolution to abuse claims, contributing to the healing of those who have been harmed by members of the clergy.
