(Photo by Anthony Behar/Sipa USA)(Sipa via AP Images)
The Catholic Archdiocese of New York is close to reaching a massive settlement with 1,300 plaintiffs in a bid to avoid bankruptcy over claims of sexual abuse, The New York Times reported Saturday.
The $800 million settlement has been agreed to by all of the plaintiffs, according to their lawyers, but an archdiocese spokesman said the parties were still ironing out the details.
“We are not quite there yet,” spokesman Joseph Zwilling told the Times.
“Terms of the settlement would call for each plaintiff to have the option of receiving a lump-sum payment of at least $250,000, or a potentially larger payout after a review of the extent of the abuse each plaintiff has claimed, according to the plaintiffs’ lawyers,” the report said.
Plaintiffs’ lawyers warned that if the entire group didn’t accept the proposal, the archdiocese could declare bankruptcy, further reducing the potential payout.
The archdiocese negotiated with one of its insurers to increase the amount of money it would pay the victims in an “uncommon arrangement that hinged largely on the availability of insurance funds,” the report said.
The Archdiocese of New York includes Manhattan, the Bronx, Staten Island, and some church communities in the Hudson Valley.
The settlement also calls for the archdiocese to publish on its website “the names of the clergy members and lay leaders who were credibly accused of sexual abuse,” the report said.
New York is the latest archdiocese to settle claims of sexual abuse.
“In June, the Archdiocese of San Francisco agreed to pay $395 million to settle claims from more than 530 people who said clergy members and lay leaders had abused them. In 2024, the Archdiocese of Los Angeles settled similar claims for more than $1 billion — one of the largest sexual abuse settlements in church history,” the report said.
Read The New York Times report here.
The post NY Archdiocese Aims To Avoid Bankruptcy With Massive Settlement Over Sex Abuse Claims first appeared on Mediaite.
NY Archdiocese Aims To Avoid Bankruptcy With Massive Settlement Over Sex Abuse Claims 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-10-24 22:47:24 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
БЪЛГАРИЯ НОВИНИТЕ – ИНФОРМАЦИОННА АГЕНЦИЯ 2009-2026 2026-10-24 22:47:24
Leave a Comment