Baltimore church bankruptcy talks advance toward settlement

Baltimore church bankruptcy talks advance toward settlement

The current framework and financial details of the plan have not been made public, but the judge emphasized the importance of reaching an agreement by the end of the year.

Baltimore archdiocese, survivors committee make progress in church bankruptcy settlement talks – BishopAccountability.org

The Archdiocese of Baltimore and the survivors committee reported significant progress during Friday’s bankruptcy court hearing, raising hopes for a settlement in the church’s Chapter 11 case by the end of the year. “We have three full days of mediation next week,” one lawyer said during the hearing. “Locking ourselves in a courtroom will get a deal done, hopefully.” The court was told that the structure of the plan is not an issue, but the doll…