November 16, 2005

Archdiocese reveals plan today

The Oregonian

Wednesday, November 16, 2005
The Archdiocese of Portland's long-awaited, much-anticipated plan for emerging from its 16-month-old bankruptcy will be made public today.

A late Tuesday afternoon filing just met the deadline imposed by U.S. Bankruptcy Judge Elizabeth L. Perris, who had already granted a year's worth of extensions.

Lawyers involved in the bankruptcy have said they expect the archdiocese's plan to offer a settlement fund of at least $20 million to pay more than 200 pending child sexual-abuse claims. The number of claims may continue to decrease as the archdiocese challenges the validity of nearly 100 claims, 30 of which have been thrown out by the court.

Posted by kshaw at November 16, 2005 08:28 AM