Deal could be near between Milwaukee archdiocese & SNAP

The Archdiocese of Milwaukee and victims of sex abuse by priests and others in authority have extended their court-ordered mediation into next week, prompting speculation that one of the Catholic Church's largest bankruptcies could be nearing a close.

Lawyers for both sides met for another session Monday with the mediator, retired U.S. Bankruptcy Judge Randall J. Newsome of San Francisco, in hopes of hammering out a settlement that would compensate victims and allow the archdiocese to continue its mission.

Archdiocese spokesman Jerry Topczewski said "much progress" has been made.

But neither he nor attorneys representing victims would comment on the substance of the talks, or whether they believed a settlement was imminent.

"Based on the status of the talks, we thought it was appropriate to continue. But I wouldn't talk about the status beyond that," said James Stang, the lead attorney for the creditors committee.
continue at JS

No comments: