Del. Diocese Offers Sex Abuse Victims $74M

Law360, New York (January 11, 2011, 1:49 PM EST) -- The Catholic Diocese of Wilmington in Delaware has filed an amended reorganization plan that offers alleged sexual abuse victims who have sued the diocese a choice between a $74 million settlement and continuing litigation.

If creditors opt for the settlement, the average payout to those who claim to have been sexually assaulted by clergy members would be $750,000, the diocese said in a disclosure statement filed Monday in the U.S. Bankruptcy Court for the District of Delaware.

The plan offers abuse survivors a choice between an...
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