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...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!