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You are here: Home / News / Archdiocese submits new bankruptcy plan, doubles money for priest sex-abuse victims

Archdiocese submits new bankruptcy plan, doubles money for priest sex-abuse victims

November 15, 2016 By Bill Werner

The Catholic Archdiocese of Saint Paul and Minneapolis has submitted to the court an amended bankruptcy plan that officials say more than doubles — to 133 million dollars — money available to reimburse victims of priest sex abuse. Attorney Charles Rogers says all available assets of the archdiocese have been ushered together.  Rogers says, “There is no other asset that hasn’t been brought forward. As to whether it’s enough, I can assure you — at least in the judgment of the attorneys representing the archdiocese — these are the best settlements we could achieve under these circumstances.” Rogers says the archdiocese is still negotiating with two insurance carriers but there’s agreement with 11 others. Victims’ attorney Jeff Anderson responds the amended plan lets the archdiocese’s insurance companies off the hook and significantly undervalues their exposure.

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