Archdiocese of St. Paul and Minneapolis bankruptcy formally closed, three months after $210 million plan

The Archdiocese of St. Paul and Minneapolis’ Chapter 11 bankruptcy case was formally closed in U.S. Bankruptcy Court Dec. 21, three months after $210 million plan for Reorganization was approved by U.S. Bankruptcy Judge Robert Kressel Sept. 25.

Tom Abood, chairman of the archdiocese’s Reorganization Task Force and the Archdiocesan Finance Council, called the closure “the final signpost in a long journey that marks the end of one chapter in the history of the local Church and the beginning of a new day for us all.”

In January 2015, the archdiocese filed for bankruptcy protection in the wake of mounting claims of clergy sexual abuse dating back as far as the 1940s. Ultimately 453 claims were filed against the archdiocese during the claim-filing period, most of which were related to suits brought against the archdiocese during a three-year-lifting of the statute of limitations on child sexual abuse claims in Minnesota. In May 2018, the archdiocese announced it had reached a $210 million settlement.

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