bankruptcy reorganization News

The Catholic Diocese of Rochester and sexual abuse survivors have reached settlements with additional insurers on amounts available to cover abuse claims, bringing the total fund now available to survivor claimants to $126.35 million. The latest settlements are with insurers …

A federal bankruptcy judge approved a $121 million reorganization plan for one of the oldest Roman Catholic dioceses in the U.S. as it tries to stem financial losses from clergy abuse claims that date back decades. The Archdiocese of Santa …