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The Roman Catholic Diocese of Saint Cloud announced on February 28, 2018, that it would file for bankruptcy amid claims of sex abuse. [50] The Diocese then filed on March 5, 2019. [51] On May 26, 2020, it was agreed that the Diocese could undergo bankruptcy if $22.5 million was forfeited to compensate 70 sex abuse survivors. [52]
The diocese filed for Chapter 11 bankruptcy in July as it faced ... Nov. 25—A federal bankruptcy judge has set a deadline of March 15, 2022 for receipt of claim forms from people who say they ...
In 2018, bankruptcy court approved an offer from the Roman Catholic Archdiocese of Saint Paul and Minneapolis to pay victims of clergy sexual abuse a total of $210 million in settlement, which was the second largest settlement for any United States Catholic Diocese and the largest by any United States Catholic Diocese in bankruptcy. [29] [30 ...
Court documents state that the diocese has between 200 and 999 creditors, with an estimated $100 million to $500 million in assets and the same amount in liabilities.
The decision to file for Chapter 11 bankruptcy protection, which is expected to occur in March, means “a court would oversee the distribution of available assets to satisfy claims against the ...
The Illinois Secretary of State serves as the ex-officio Clerk of the Court of Claims. [3] Judges on the Court of Claims are appointed by the Governor of Illinois and confirmed by the Illinois Senate. In 1987, state legislation increased the number of judges on the Illinois Court of Claims from five judges to seven judges. [4]
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The diocese originally said it expected to file in March, but has now pinpointed April 1 as the date court papers will be filed. The crush of lawsuits stems from a measure signed into law in ...