Archdiocese, creditors clash over bankruptcy assets
By May. 27, 2016, National Catholic Reporter
Starkly conflicting views of total assets have placed the St. Paul-Minneapolis archdiocese and its creditors at dramatic odds, with the latter claiming that the archdiocese's just-released reorganization plan represents 1 percent of total assets they say approach $2 billion.
On Thursday, May 26, the archdiocese filed its reorganization plan with the U.S. Bankruptcy Court of the District of Minnesota. The plan proposes $65 million to establish an independent trust through which it would settle the 440 claims made by survivors of clergy sexual abuse.
The trust is to be funded by a combination of archdiocesan cash, property sales, insurance settlement proceeds, and contributions from parish insurance settlements.
The archdiocese said that the $65 million figure surpasses what has been proposed in a majority of already diocesan bankruptcies. In a statement, newly installed Archbishop Bernard Hebda urged . . .
50 State AG Call for Grand Jury
Any investigation must be:
- independent of and separate from the church
- must have subpoena powers and ability to compel testimony under oath
Anything short of these criteria is a sham and whitewash.
In addition, write letters to the editor, make phone calls to politicians as they can apply pressure to keep them responsive to our demand. We need to make efforts to ensure that they follow up on what the state is doing to investigate these crimes.
The Attorneys General of forty states have inquired about the grand jury process in Pennsylvania. Let's get statewide investigations going in fifty states.
Note to Letter Writers
Use your own words and style of writing. Cut and paste from the templates as you wish. Include your experiences, whether as a survivor or as a member of the community. And relate your letter to the state you were abused in or state now living in.