With a self-imposed deadline looming to file a plan to reorganize New Orleans’
bankrupt Roman Catholic archdiocese, a committee representing about 500 survivors of clergy sexual abuse in south-east Louisiana on Friday proposed that the organization, its affiliated churches, ministries, schools and their insurers should pay more than $1bn to settle their claims.
The archdiocese quickly answered with its counter-proposal: $62.5m, or more than $900m less.
Looking at it another way, the survivors are seeking $2m per claim – the church is offering $125,000 on average.
The vast majority of the money in the abuse claimants’ proposal – roughly $800m – should come from insurance companies, according to the plan filed on Friday in US bankruptcy court by a negotiating committee representing the abuse creditors. Meanwhile, the archdiocese should pay $84m and its affiliates – known as apostolates – should chip in $133m.
In the church’s competing plan, the archdiocese was prepared to offer $50m and its apostolates $12.5m. Nothing additional would come from the archdiocese’s insurers.…..
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