(Buffalo, NY) – Recently, the Survivors Committee, in the Diocese of Buffalo Bankruptcy case, reached a settlement with two of the diocese’s insurers. A settlement with Wausau Insurance was reached for a total of $37.5 million, and a settlement with Continental Insurance Company (CNA) for $85 million.
“These settlements are another step toward the resolution of this case,” said attorney Stacey Benson. “These settlements are a testament to survivors who refuse to stay silent until the diocese is held accountable.”
In April, the Committee reached a settlement for $150 million. The court has ordered an October 1st deadline for the diocese to file its plan of reorganization.