- Associated Press - Friday, December 18, 2015

ALBUQUERQUE, N.M. (AP) - Attorneys for a New Mexico diocese say they are finalizing a settlement in the case that has kept it in bankruptcy court for two years.

The Gallup Independent reports (https://bit.ly/1jl8YBA ) lawyers for the Diocese of Gallup and the Official Committee of Unsecured Creditors, which represents clergy sex abuse claimants, confirmed in court Wednesday that a settlement is in the works.

They did not provide details and said an agreement has not been signed yet.

Unsecured Creditors Committee attorney James Stang said they are still working out the non-monetary terms of the settlement.

Neither Stang nor Susan Boswell, lead bankruptcy attorney for the diocese, indicated when the agreement is expected to be finalized.

The bankruptcy proceedings pertain to insurance policies the diocese reportedly had in the 1960s and ‘70s.

___

Information from: Gallup Independent, https://www.gallupindependent.com

LOAD COMMENTS ()

 

Click to Read More

Click to Hide