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Diocese of Syracuse, committee reach $100 million abuse settlement
By Sarah Lizee
Olympia, Wash., Aug. 2 – The Roman Catholic Diocese of Syracuse and its official committee of unsecured creditors have reached a settlement that sees survivors of abuse receiving $100 million, according to a statement from the diocese.
The diocese and committee said they believe that this settlement is an important first step in forming a Chapter 11 plan.
Although the settlement amount remains subject to a creditor vote and court approval, the dollar figure of the settlement has been accepted by the official committee, whose members are all survivors of abuse.
“Agreement on a monetary settlement marks a very significant achievement in the case, but important issues remain,” the diocese said in the statement.
“The diocese and committee are continuing to discuss the details of child protection protocols that will enhance measures already in place to protect young parishioners, students, and other vulnerable individuals within the diocese.”
The settlement does not include a contribution from any of the six insurance companies that provided coverage to the diocese. The diocese and the committee said they will continue to work in earnest to negotiate with the insurance carriers who are involved in this case with the goal of achieving a global settlement.
In Diocesan bankruptcy cases, it is typical for church insurers to contribute the majority of the global settlement amount paid to survivors of abuse, the diocese noted.
The Syracuse, N.Y.-based diocese filed bankruptcy in the U.S. Bankruptcy Court for the Northern District of New York on June 19, 2020 under Chapter 11 case number 20-30663.
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