After years of mediation in the Baltimore Catholic Archdiocese bankruptcy case stemming from the abuse of children over nearly a century, the church’s largest insurer offered $100 million in settlement funds.
The offer, from The Hartford, is the first of its kind in the case, which has drawn scrutiny from survivors as some fear they may die before the case comes to a conclusion.
The offer is only one piece of the puzzle, as the archdiocese, its parishes and a handful of other insurance companies that hold accounts with the church still have not come to any agreement with the committee that represents the survivors.
Jonathan Schochor, founding partner and chairman of Schochor, Staton, Goldberg and Cardea, P.A., who represents survivors, said the funds cannot be paid out piecemeal and that the survivors still need to wait until all parties come to an agreement.
However, the offer may get the…
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