bankruptcy

NY diocese facing flood of lawsuits files for bankruptcy

By Michael Hill — March 17, 2023
ALBANY, N.Y. (AP) — The Albany diocese is dealing with a deluge of lawsuits dating to when New York temporarily suspended the statute of limitations on childhood abuse.

Methodists, Mormons back latest Scouting bankruptcy plan to fund survivor claims

By Adelle M. Banks — March 1, 2022
(RNS) — Other religious groups have not taken a position on the plan announced by the BSA on Feb. 10.

Former AME Zion bishop Staccato Powell charged with fraud in $14 million scheme

By Adelle M. Banks — January 26, 2022
(RNS) — Powell and a lay leader in the denomination were arrested and appeared in court on Tuesday.

BSA bankruptcy plan misses mark in vote by abuse claimants

By Randall Chase — January 5, 2022
DOVER, Del. (AP) — A preliminary voting report in the Boy Scouts of America bankruptcy indicates the group’s reorganization plan has failed to win the desired support from tens of thousands of men who say they were sexually abused as children. The report, filed late Tuesday night, shows 73% of 53,888 valid ballots were cast […]

United Methodists join Boy Scouts in settlement proposal to aid sex abuse survivors

By Adelle M. Banks — December 22, 2021
(RNS) — ‘We are sorry for what occurred and are praying for all those who experienced harm through Scouting activities,’ said Bishop John Schol, a leader in the mediation process.

Staccato Powell, disrobed as AME Zion bishop: pioneer or swindler?

By Adelle M. Banks — September 1, 2021
(RNS) — ‘All we are doing now is trying to save those congregations that are in bankruptcy court,’ said the denomination’s senior bishop.

United Methodist leaders urge churches to end Boy Scout charters for now

By Adelle M. Banks — August 26, 2021
(RNS) — The United Methodist Church estimated that as many as 5,000 of its congregations remain exposed to potential lawsuits.

NY let childhood sex abuse victims sue; 9,000 went to court

By Michael Hill — August 13, 2021
ALBANY, N.Y. (AP) — For two years, New York temporarily set aside its usual time limit on civil lawsuits in order to allow victims of childhood sexual abuse to sue churches, hospitals, schools, camps, scout groups and other institutions and people they hold responsible for enabling pedophiles or turning a blind eye to wrongdoing. That […]

Judge denies Twin Cities archdiocese bankruptcy plans

By Cathy Lynn Grossman — December 28, 2017
(AP) The Archdiocese of Minneapolis and St. Paul and survivors of abuse by priests, seeking millions in claims, have been ordered negotiate.

Family Christian Stores closing after 85 years

By Adelle M. Banks — February 23, 2017
(RNS) The Grand Rapids, Mich.-based company employed more than 3,000 people in more than 240 retail sites in 36 states.

Minnesota archdiocese offers $132 million to settle sex abuse claims

By guest — November 16, 2016
The archdiocese, one of 15 U.S. Catholic districts and religious orders driven to seek Chapter 11 protection by the church's sex abuse scandal, said its plan would mark the second-largest such bankruptcy settlement of pedophile priest claims in America.

Catholic church audit shows spike in sex abuse reports

By guest — May 20, 2016
U.S. Conference of Catholic Bishops attributes much of the 35 percent jump to six dioceses filing for bankruptcy and some states allowing victims to sue over old cases.

Duluth Catholic diocese latest to file for bankruptcy over sex abuse payouts

By David Gibson — December 7, 2015
(RNS) The Minnesota diocese said its share of an $8.1 million award granted by a jury last month -- perhaps the largest ever to a single victim -- gave it no choice but to become the 13th U.S. diocese to seek Chapter 11 protection.

Federal judge approves Milwaukee Archdiocese bankruptcy plan

By Reuters — November 10, 2015
The archdiocese filed for Chapter 11 bankruptcy protection in 2011, citing the financial drain of settling sexual-abuse claims and acknowledging missteps by the church in dealing with pedophile priests.

Family Christian Stores seeks bankruptcy protection

By Adelle M. Banks — February 19, 2015
(RNS) The chain, which has stores in 36 states, had $230 million in sales in 2014, down from $305 million in 2008.
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