2016 November

Nov 18, 2016: News Release: Abuse Survivors File Amended Bankruptcy Plan

 (Minneapolis, MN) – The Creditors’ Committee in the Archdiocese of Saint Paul and Minneapolis bankruptcy case has filed an amended reorganization plan. The plan preserves the rights to over $1 billion in available insurance assets. “Some of the major insurance companies in the Archdiocese bankruptcy case are refusing to pay what they owe, leaving the abuse survivors to suffer,” said Attorney Jeff Anderson. “Travelers, CNA and AIG are asking the court to allow them to pay pennies on the dollar when their insurance contracts require them to pay close…

Nov 15, 2016: Media Advisory: Archdiocese Files Amended Reorganization Plan Contributing Less Than 1% of its Assets

Jeff Anderson to Respond to Plan at 2:30PM Press Conference Today in MinneapolisThe amended plan also lets the Archdiocese’s insurance companies off the hook and significantly undervalues their exposureWHAT: At a news conference today in Minneapolis, Attorneys Jeff Anderson and Mike Finnegan will:•    Discuss the details of the amended bankruptcy reorganization plan filed today by the Archdiocese of St. Paul & Minneapolis;•    Demand the Archdiocese uphold its pledge made to sexual abuse survivors to be transparent and accountable throughout the bankruptcy pro…