Tag: Plan of Reorganization

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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