A federal judge has approved the final order that allows the Catholic Diocese of Syracuse to emerge from bankruptcy.
That will start the process of distributing $176 million to hundreds of people who were sexually abused by clergy and other church staff.
Wendy Kinsella, chief U.S. Bankruptcy Court judge for the Northern District of New York, signed off on the agreement to close the case on Wednesday.
An independent arbiter will award $176.1 million to the sexual abuse survivors. The money that makes up that compensation fund comes from:
- $76.1 million provided by the Diocese’s insurance carriers
- $100 million contributed from the “Catholic family,” including $45 million from parishes, $5 million from other diocesan entities and $50 million from the Diocese itself via investments and loans
Bishop Douglas J. Lucia issued a letter to the church community on Wednesday.
“Beyond doubt, my heart continues to…
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