posted by frenchie.
This morning Friday February 18th 2022, the final preliminary hearing before the actual trial for the Bankruptcy of the Archdiocese of Agana took place.
Federal Judge Tydingco-Gatewood was hearing the latest arguments from both parties on who was deposed, or not, as well as what is considered as hearsay regarding the testimonies of people called by the debtor in arguments regarding a long list of properties ruled to be part of the assets of the Archdiocese.
Guam being a small island, and many people knowing one another, the judge had to specify several times, that she knew several of the individuals scheduled to be heard during the trial, and noting that she could remain impartial during the trial, despite these social acquaintances.
Tomorrow the trial will start, and should continue next Saturday at least.
I will try my best to follow as closely as possible the upcoming proceedings.
One of the major stumbling block to any settlement so far has been the dispute between debtor and creditors, about what constitute the assets of the Archdiocese, and what is a fair and acceptable settlement for the victims, as well as the issue of moneys owed to entities like the Bank of Guam.
This last item, far from being incidental might actually be essential to the future of many parishes around Guam.
So far the only people getting any type of benefit from this situation have been the lawyers representing all the parties. The sale of the Yona propery being the perfect example of the lawyers gobbling up all the proceeds of the sale of that property.
I would encourage anyone involved in volunteering in your parish to follow the trial, either in person, or via Zoom which allows you to follow the trial fom the comfort of your own home.
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