An amended bankruptcy plan for the St. Paul-Minneapolis archdiocese would potentially double survivors' funds, but an attorney for the creditors is unsatisfied with the proposal.
The appointment of Bernard Hebda as archbishop-designate of St. Paul-Minneapolis raises the question: Who will Hebda become as a now-rooted resident in the historically important archdiocese?
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Reaching an agreement with the abuse claimants is a major step toward achieving a consensual plan of reorganization for the diocese, which filed its Chapter 11 petition on Nov. 12, 2013.
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Updated: U.S. Archbishop John Nienstedt of St. Paul-Minneapolis resigned this morning, along with his auxiliary, Auxiliary Bishop Lee Piché.
The Chapter 11 bankruptcy was filed nearly four and a half years ago and has accrued at least $16 million and perhaps more than $20 million in legal fees.