Late this morning, the Archdiocese filed an amended Plan of Reorganization in U.S. Bankruptcy Court. The Plan increases the proposed Trust for claimants from $65 million to more than $130 million.
Dear Brothers and Sisters,
On January 16, 2015, the Archdiocese filed for bankruptcy. Today, I write to tell you that we have filed a Plan of Reorganization as part of that bankruptcy process. Filing the Plan is an important and required step on our path to a fair resolution.
Source: Tom Halden, Director of Communications
The last three years have brought fresh light to the painful reality of sexual abuse and those who have been hurt by it. We, the bishops of the state of Minnesota, cannot imagine the pain those individuals and their families carry with them and the courage it takes to tell someone, “I was abused” and relive what happened. We apologize for their pain and we thank them for coming forward.
People with sexual abuse claims against the Archdiocese of St. Paul and Minneapolis should file their claims by Aug. 3 in order to be part of the archdiocese’s Chapter 11 Reorganization settlement, Judge Robert Kressel ruled April 16.
Richard Anderson, an attorney of St. Paul-based Briggs and Morgan representing the archdiocese, called establishing the Aug. 3 date “a step in the right direction.”
“It will help us to reach the ultimate goal, which is a consensual plan that fairly treats all parties and fairly compensates victims,” he said.
The Archdiocese of St. Paul and Minneapolis filed a motion April 1 to require all proofs of claims against it involving child sexual abuse by clergy to be filed by Aug. 3. The proposed deadline is an effort to move quickly toward a plan for Reorganization, said an attorney representing the archdiocese.
“We’re trying to balance equitably the needs of all parties, including sexual abuse claimants,” said Charles Rogers, an attorney with Twin Cities-based law firm Briggs and Morgan.