The Diocese of Rochester has asked a New York bankruptcy judge to overrule objections filed by the Official Committee of Unsecured Creditors to a $35 million settlement with one of its insurers. The settlement would provide coverage for claims that the Diocese failed to prevent sexual abuse. The Diocese says this deal is an important first step in their Chapter 11 reorganization plan, while the Committee has called it “low value” and unacceptable.
The Diocese sought Chapter 11 protection in September 2019, citing hundreds of sexual abuse suits sparked by the New York Child Victims Act and the associated costs of those suits.
The Committee is represented by Tim Burns and Jesse Bair of Burns Bowen Bair LLP, as well as Ilan D. Scharf, James I. Stang, Iain Nasatir, James Hunter and Brittany M. Michael of Pachulski Stang Ziehl & Jones LLP.
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