According to the diocese, $26 million of the settlement funds will come from insurance coverage and $8 million from cash and property contributions from the diocese and parishes.
New Ulm Diocese announces $34 million settlement with sexual abuse survivors
Bishop Kettler discusses diocese’s plan to file for reorganization
Bishop Donald Kettler met Feb. 28 in Albany with pastors and parish representatives from all 131 parishes in the Diocese of St. Cloud to inform them of the diocese’s plans to file for Chapter 11 bankruptcy reorganization, although no filing date has been set. He said the decision followed much prayer and discussion over the last 21 months, including ongoing consultation with attorneys for the diocese and for victims/survivors.
New Ulm Diocese files for reorganization
A third Minnesota diocese has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.