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U.S. Bankruptcy Judge Approves $121M Clergy Settlement

The word settlement on a ripped piece of paper on a stack of money.

A federal bankruptcy judge on Thursday approved a $121 million reorganization plan for one of the oldest Roman Catholic dioceses in the U.S. as it tries to stem financial losses from clergy abuse claims that date back decades.

The Archdiocese of Santa Fe in New Mexico said U.S. Bankruptcy Judge David T. Thuma confirmed the agreement during a hearing in which he commended the parties for working through what had been an arduous process.

In a statement, Archbishop John C. Wester thanked the panel of abuse survivors who represented fellow survivors in their claims against the archdiocese. He described it as challenging work as the group continued to deal with the aftermath of their own abuse.

Read more at News.law

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