We must raise $658 by March 31st to pay critical bills. Essential to continue our mission. Donate now!
Click here to advertise on CatholicCulture.org

light dawns

By Diogenes (articles ) | Feb 19, 2010

Let's say you ran a small business. You were doing OK until a crooked employee robbed you and cheated your customers, bringing on an avalanche of lawsuits that drove you into bankruptcy. Now, with more debts than money to pay, you have to make some tough decisions. Should you pay the honest vendors who gave you fair value? Or should you pay the back wages still due to that crooked employee who was responsible for your predicament?

Gee. Tough questions. But you're not alone in your predicament:

Wilmington, DE (AP) - The Catholic Diocese of Wilmington has withdrawn a motion in bankruptcy court for permission to pay retirement benefits to six pedophile priests.

The diocese said in a court filing Thursday that it has reached an agreement with unsecured creditors and abuse survivors who opposed the motion, ending the need for a hearing next week.

Good thinking, guys. Got that one right. 

 

 

 

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our March expenses ($658 to go):
$35,000.00 $34,341.96
2% 98%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

Show 2 Comments? (Hidden)Hide Comments
  • Posted by: Frodo1945 - Feb. 28, 2010 9:07 AM ET USA

    Don't give them too much credit. Here is the rest of the story. "Survivors of clergy sexual abuse, who serve on the unsecured creditors committee, had strongly objected to the diocese's application filed in bankruptcy court in November, saying the abuser priests were not legally or morally entitled to benefits. What's more, there had been no efforts on the part of the diocese to reach out to the victims, the committee said."

  • Posted by: TheJournalist64 - Feb. 19, 2010 7:36 PM ET USA

    Of course, the diocese might have been in ERISA hot water if the plan was governed by that 1972 law. It is illegal to alienate ERISA retirement benefits from anyone, and such assets and IRA's cannot be seized in bankruptcy. Fortunately, few dioceses bothered with that nicety.

Subscribe for free
Click here to advertise on CatholicCulture.org
Shop Amazon

Recent Catholic Commentary

Insights on the enigma that is Pope Francis March 27
Our Most Characteristic Vice? March 27
Recognizing the Noonday Devil March 27
Patricia Jannuzzi on gay activists: And the real problem is? March 27
Surrogate parenthood = exploitation of desperate women March 27

Top Catholic News

Most Important Stories of the Last 30 Days
Pope announces Jubilee: a Year of Mercy CWN - March 13