Parishes in the Diocese of Buffalo, New York, are set to pay a total of $80 million into the diocese’s $150 million bankruptcy settlement, with the funds due to be paid into a trust by July 15.
Bankruptcy
Providing Healing, Ministries are Priorities as Baltimore Archdiocese Considers Chapter 11
Archbishop William E. Lori told Catholics Sept. 5 that the Archdiocese of Baltimore is considering Chapter 11 bankruptcy reorganization as one option to deal with lawsuits expected to be filed when the state’s Child Victims Act takes effect Oct. 1.
Rockville Centre Diocese Files for Bankruptcy Protection
The Diocese of Rockville Centre has filed for bankruptcy protection under Chapter 11, it was announced on Oct. 1.
Diocese of Rochester Files for Chapter 11
The Diocese of Rochester (N.Y.) filed for Chapter 11 bankruptcy on Sept. 12, according to the Democrat and Chronicle in Rochester.