Authors ›
Elizabeth Hardin-Burrola
The nationwide province of the Crosier Fathers and Brothers based in Phoenix filed June 1 to reorganize under Chapter 11 of the U.S. Bankruptcy Code, making it the third men's religious order to seek bankruptcy protection.
Diocese of Gallup. After 30 months in court and mediation, bankruptcy case closed on Gallup church.
The diocese and insurers will fund a trust of approximately $23 million; after fees and costs, about $19 million will go to most of the 57 abuse claimants.
After weeks full of delays, attorneys for the Gallup diocese filed its Chapter 11 plan of reorganization in U.S. Bankruptcy Court March 21.
