NJ Diocese Wants Insurer Deal Heard With Ch. 11 Plan

By Vince Sullivan (May 20, 2022, 10:44 PM BST) -- The bankrupt Diocese of Camden told a New Jersey judge Friday that he should hear arguments over a proposed but abandoned $30 million settlement with insurers at the same time he is considering confirmation of the debtor's Chapter 11 plan centered on a new deal with sex abuse claimants.

The bankrupt Diocese of Camden wants its proposed $30 million deal with insurers and its Chapter 11 plan wrapped into one court proceeding. (AP Photo/Matt Rourke) During a hearing in Camden, debtor attorney Richard Trenk of Trenk Isabel Siddiqi & Shahdanian PC said the bankruptcy court should not schedule separate hearings on...

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