December 4, 2005 in City

Diocese bankruptcy background

The Spokesman-Review
 
Why did the diocese file for bankruptcy? To settle multimillion- dollar claims of priest sex abuse.
How many alleged victims of abuse are there? About 80.
What are the potential settlement costs? As much as $40 million.

Where does the case stand? U.S. Bankruptcy Court Judge Patricia Williams says the diocese’s plan for getting out of bankruptcy falls short.

What’s next? The diocese’s plan will be reworked to recognize that churches and schools are assets.

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