WebMar 15, 2024 · ALBANY - The Roman Catholic Diocese of Albany has filed for Chapter 11 reorganization bankruptcy amid Child Victims Act settlements, the diocese announced … WebMar 15, 2024 · "Today, the Roman Catholic Diocese of Albany has filed a Chapter 11 reorganization petition in the Northern Bankruptcy Court. This decision has not come in any quick or precipitous way, it's been a long haul." ~ Bishop Ed Scharfenberger The Diocese of Albany is filing for Chapter 11 bankruptcy as it faces a number of legal challenges.
Albany Catholic Diocese declares bankruptcy amid abuse claims
Web6pm-7pm: Catholic Social Teaching with Bishop Edward Scharfenberger. 7pm-8pm: Holy Hour WebMar 16, 2024 · March 16, 2024. The Roman Catholic Diocese of Albany is the latest diocese to file for bankruptcy amid a slew of sexual abuse lawsuits brought against the church. Bishop Edward Scharfenberger announced the filing for Chapter 11 reorganization Wednesday after months of negotiations over a potential settlement with sexual abuse … twiddy military discount
Catholic Diocese of Albany Files for Bankruptcy to Resolve Sex …
WebMar 15, 2024 · March 15, 2024. My Dear Brothers and Sisters in Christ, As many of you may know by now, the Roman Catholic Diocese of Albany has made the difficult yet necessary decision to file for reorganization under Chapter 11 of the United States Bankruptcy Code. Parishes and Catholic schools of the Diocese are separately incorporated under New … WebThe Albany diocese said it has $10 million to $50 million in assets, up to $100 million in liabilities and more than 200 creditors, according to documents filed Wednesday in bankruptcy court. Anderson and other attorneys alleged the financial value of the assets the diocese has under its control is closer to $600 million. WebMar 16, 2024 · March 16, 2024. The Roman Catholic Diocese of Albany is the latest diocese to file for bankruptcy amid a slew of sexual abuse lawsuits brought against the … twiddy logistics