Saturday, October 20, 2012

Parishes' assets targeted in archdiocese bankruptcy case

By Annysa Johnson of the Journal Sentinel

Thursday's hearing was the first since a court-ordered mediation aimed at reaching a settlement broke down this month.

Judge Susan V. Kelley voiced disappointment in the outcome. She laid out an aggressive schedule for tackling the outstanding issues in the case, including the archdiocese's efforts to throw out what could be hundreds of victims' claims for compensation, and a pending lawsuit over whether $57 million in a cemetery trust could be used to pay settlements.

"I continue to believe that a negotiated settlement is going to be the best resolution for everyone here," she said.

Click on the following for the complete story:  Parishes' assets targeted in archdiocese bankruptcy case

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