Portland Archdiocese Rises From Bankruptcy

Law360, New York (April 13, 2007, 12:00 AM EDT) -- After two-and-a-half years of legal wrangling over how to pay alleged victims of sex abuse, the Roman Catholic Archdiocese of Portland has finally risen from bankruptcy, a week after Easter.

The Portland diocese—the first of a slew of Roman Catholic dioceses to run for cover under Chapter 11 bankruptcy protection in recent years—reached a settlement in December with some 175 people who claim they suffered sexual abuse at the hands of priests.

U.S. Bankruptcy Judge Elizabeth Perris, who is overseeing the diocese’s reorganization, approved the $75...
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