Tag: bankruptcy

Pastors say parish settlement contribution small but significant

Pastors say parish settlement contribution small but significant

| July 10, 2018 | 0 Comments

“We’re all part of the same Church. We’re all part of the same body of Christ,” Father Livingston said of the St. Paul in Ham Lake’s decision to contribute to the settlement.

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Filed plan outlines funding of archdiocese’s $210 million settlement

Filed plan outlines funding of archdiocese’s $210 million settlement

| June 29, 2018 | 0 Comments

The documents filed June 28 confirmed about $40 million of the fund will come from additional cash contributions from the archdiocese and parishes and includes cash from the sale of its properties, parishes contributions and a benefits fund.

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New priests in a changed Church

New priests in a changed Church

| Archbishop Bernard Hebda | June 7, 2018 | 0 Comments

On the morning of May 26, I had the great privilege of ordaining four young men to the priesthood: Father Aric Aamodt, Father Colin Jones, Father Toulee Peter Ly and Father Matthew Shireman. The joy in the Cathedral was palpable as we together envisioned all the good things that they would accomplish by God’s grace in this archdiocese in the years to come. I am grateful for their generosity in responding to the Lord’s call.

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Timeline of archdiocese’s bankruptcy proceedings

Timeline of archdiocese’s bankruptcy proceedings

| May 31, 2018 | 0 Comments

A look back at the key events leading up to and part of the bankruptcy proceedings.

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Archdiocese reaches joint reorganization plan; $210 million for survivors largest settlement of its kind

Archdiocese reaches joint reorganization plan; $210 million for survivors largest settlement of its kind

| May 31, 2018 | 0 Comments

The Archdiocese of St. Paul and Minneapolis has reached a consensual plan with a committee representing clergy sexual abuse survivors to resolve its bankruptcy, offering $210 million for restitution to claimants. The settlement is the largest ever reached in a bankruptcy case related to clergy sex abuse.

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Appeals court affirms Catholic institutions’ assets separate from archdiocese

Appeals court affirms Catholic institutions’ assets separate from archdiocese

| April 30, 2018 | 0 Comments

“I hope all abuse survivors, reassured by the court’s decision, will soon be able to choose the path of settlement and closure on this aspect of their quest for justice and healing,” said Thomas Abood, chairman of the archdiocese’s Reorganization Task Force.

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Gathering the ‘lost sheep’

Gathering the ‘lost sheep’

| April 26, 2018 | 0 Comments

“I bet you can’t wait until the archdiocesan bankruptcy is behind us — it must be such a distraction from the important work of the Church.”

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Crosiers’ $25 million abuse settlement approved

Crosiers’ $25 million abuse settlement approved

| March 28, 2018 | 0 Comments

“Despite commentary from others last week, the archdiocese never sought to block the Crosiers’ plan of reorganization or its settlement with victims/survivors, and doing so would not have benefited the Archdiocese in any way,” said Thomas Abood, chair of the archdiocese’s Reorganization Task Force, in a March 22 statement.

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Archdiocese: Crosier plan objection aims to secure compensation for abuse claimants

Archdiocese: Crosier plan objection aims to secure compensation for abuse claimants

| March 16, 2018 | 0 Comments

“The archdiocese filed its objection in the related Crosier matter to ensure the preservation of insurance rights for the benefit of the victim creditors in its case,” Thomas Abood said. “The archdiocese fully expects that its filing, as well as the similar filing by the Crosiers in the Archdiocese case, will be resolved in a way that does not delay confirmation of a plan in either case.”

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Diocese of St. Cloud says it plans to file for Chapter 11 bankruptcy reorganization

Diocese of St. Cloud says it plans to file for Chapter 11 bankruptcy reorganization

| The St. Cloud Visitor | March 1, 2018 | 0 Comments

The Diocese of St. Cloud is planning to file for Chapter 11 bankruptcy reorganization, Bishop Donald Kettler announced Feb. 28 at a meeting in Albany with pastors and trustees from the diocese’s 131 parishes.

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From readers – February 8, 2018

From readers – February 8, 2018

| February 8, 2018 | 6 Comments

Out of proportion
Identifying local Church’s suffering

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Judge denies both Reorganization plans, directs parties to return to mediation

Judge denies both Reorganization plans, directs parties to return to mediation

| December 29, 2017 | 9 Comments

“We look to engage with all participants in mediation as directed by the judge to bring a prompt and fair resolution,” Tom Abood, chairman of the archdiocese’s reorganization task force, said in the statement.

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