Judge: parish, school assets will not be part of Minnesota diocese’s bankruptcy settlement

July 29, 2016

A federal judge overseeing the bankruptcy proceedings of the Archdiocese of Saint Paul and Minneapolis has rejected a bid by abuse victims’ attorneys to include parish, school, and cemetery assets in a settlement.

“I was pleased to learn that Judge Robert Kressel has decided that the motion to consolidate the assets of over 200 parishes and other Catholic institutions into the Archdiocese’s bankruptcy was not warranted,” Archbishop Bernard Hebda said in a statement. “I am particularly thankful that he was not swayed by the allegations that the Archdiocese had hidden assets and engaged in deceptive practices.”

 

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Further information:

• Statement Regarding Denial of Substantive Consolidation (Archdiocese of Saint Paul and Minneapolis)
• Judge rejects bid to tap parishes, schools in archdiocese bankruptcy (Minneapolis Star-Tribune)