St. Paul archdiocese plan offers at least $65M to creditors

Published May 26, 2016

The Archdiocese of St. Paul and Minneapolis has filed a bankruptcy reorganization plan that would set aside at least $65 million to pay clergy abuse victims and other creditors.

The plan filed Thursday also would create a $500,000 fund to pay for counseling for survivors.

Archbishop Bernard Hebda says he believes the plan is fair but might need modifications. He says the church wants a just and timely resolution.

Attorney Jeff Anderson, whose firm has filed most of the abuse claims against the archdiocese since Minnesota gave survivors of past abuse a new chance to sue, says he's reviewing the plan but calls it "predictably deficient." He accused the archdiocese this week of sheltering more than $1 billion in assets to avoid big payouts to abuse survivors.

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https://www.foxnews.com/us/st-paul-archdiocese-plan-offers-at-least-65m-to-creditors