Federal judge hears arguments over Twin Cities archdiocese bankruptcy plan

[TexasTowelie]

Parties involved in the Archdiocese of St. Paul and Minneapolis bankruptcy proceedings made final arguments in front of a federal judge Tuesday, with each side making accusations of deceptive tactics and baseless claims.

The proceedings are intended to work out a plan for paying survivors of sexual abuse at the hands of clergy.

After listening to arguments by multiple attorneys, presiding U.S. Bankruptcy Judge Robert Kressel took the case under advisement. Kressel is expected to make a decision in the coming weeks on which reorganization plan will be used in the settlement.

Two plans are under consideration in the wake of the archdiocese’s Chapter 11 bankruptcy filing in January 2015.

Read more: http://www.twincities.com/2017/08/29/federal-judge-hears-arguments-over-archdiocese-bankruptcy-plan/

[Crash2Parties]

1. Move the money to Rome, declare bankruptcy, move the money back.

If they transfer personnel between dioceses & in fact, around the world, doesn't that mean that each diocese is indeed not independent and the parent church itself should have to pay? The roman catholic church is the wealthiest group on the planet - that's not hyperbole. They also have the greatest real estate holdings.

[Angry Dragon]

2. bankrupt the church