Wednesday, November 7, 2018

ARCHDIOCESE SEEKING BANKRUPTCY REORGANIZATION

Guam Daily Post
Mindy Aguon, November 7, 2018



The Archdiocese of Agana is seeking bankruptcy reorganization as it faces more than 180 claims of sexual abuse allegedly perpetrated primarily by certain former Catholic priests on Guam.

The move will allow the archdiocese to maintain normal operations while also establishing a process to sell some of its assets so that money will be distributed equitably to the victims and survivors of clergy sex abuse, who filed lawsuits on Guam, as well as other creditors. CONTINUED

From FoxNews.com, November 7, 2018

Guam Catholic church to file bankruptcy amid abuse lawsuits

By CALEB JONES and GRACE GARCES BORDALLO | Associated Press

HAGATNA, Guam – Guam's Catholic church will file for bankruptcy — a move that will allow the archdiocese to avoid trial in dozens of lawsuits alleging child sexual abuse by priests and move toward settlements.

Archbishop Michael Byrnes announced Wednesday that mediation efforts that began in September led the church to bankruptcy. CONTINUED

2 comments:

  1. Thank Tim Rohr.....CCOG....fake Victims and Money hungry lawyers

    ReplyDelete

Recommendations by JungleWatch