Tag: reorganization

Archdiocese continues to meet Ramsey County settlement requirements

Archdiocese continues to meet Ramsey County settlement requirements

| July 19, 2018 | 0 Comments

The progress in the archdiocese’s bankruptcy reorganization, which is expected to be settled in a matter of months, will allow the archdiocese to move ahead with restorative justice efforts with survivors outlined in the settlement agreement, Tim O’Malley said.

Continue Reading

‘Who pays?’

‘Who pays?’

| Father Charles Lachowitzer | July 12, 2018 | 0 Comments

There has been much discussion concerning the settlement reached in the reorganization of the Archdiocese of St. Paul and Minneapolis as a corporate entity. As Catholics, we know that the “archdiocese” is a reality much greater than the definitions of civil law. Yet, at every level of the Church, there is the question, “Who pays?”

Continue Reading

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.

Continue Reading

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.

Continue Reading

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.

Continue Reading

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.

Continue Reading

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.

Continue Reading

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.”

Continue Reading

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.

Continue Reading

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.

Continue Reading

Fate of bankruptcy plans in judge’s hands

Fate of bankruptcy plans in judge’s hands

| September 5, 2017 | 0 Comments

Counsel for multiple parties with interests in the matter, including representatives of the archdiocese, parishes, insurers and clergy sexual abuse claimants, presented objections to the plans before Judge Robert Kressel in U.S. Bankruptcy Court in Minneapolis Aug. 29.

Continue Reading

Court hears objections to Reorganization plans

Court hears objections to Reorganization plans

| June 19, 2017 | 1 Comment

In considering the Unsecured Creditors Committee’s objections to the archdiocesan plan, Judge Robert Kressel questioned whether UCC counsel Robert Kugler was trying to “inflame” his clients with misleading claims about the archdiocese’s plan and assets.

Continue Reading