GUAM
Pacific Daily News
May 13, 2019
By Haidee V. Eugenio
The Archdiocese of Agana is seeking more time to present its reorganization plan under the Chapter 11 bankruptcy process, after all clergy sex abuse claims are filed by Aug. 15 and mediation is completed to settle those claims.
At the same time, the archdiocese revised its proposed sale price for the former Accion Hotel from the initial $5.4 million to $5.35 million.
Sale proceeds from the former hotel and seminary in Yona, as well as other property, will go toward paying more than 200 Guam clergy sex abuse claims against the archdiocese.
Archdiocese attorneys asked the federal bankruptcy court to give the church until Sept. 16 to file a plan for reorganization and disclosure statement, and until Nov. 18 to obtain acceptance of the plan.
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