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The Diocese of Rochester

  1. April 16, 2024

    Rochester, NY, Diocese's Creditors To Mull Rival Ch. 11 Plans

    A New York bankruptcy judge sent a pair of competing Chapter 11 plans for the Roman Catholic Diocese of Rochester out Tuesday morning for creditor votes, after rejecting previous explanations of the proposals for being unclear about payouts to childhood sexual abuse survivors.

  2. January 30, 2024

    Judge Nixes Cryptic Ch. 11 Disclosures For NY Diocese

    A New York bankruptcy judge shot down proposed disclosure statements in two competing Chapter 11 plans for the Diocese of Rochester on Tuesday, saying that since they were both unclear to him, they would likely be indecipherable for hundreds of sexual abuse survivors who need to vote on the reorganization plans.

  3. July 24, 2023

    Insurer Deal Brings Rochester Diocese Abuse Trust To $126M

    The Roman Catholic Diocese of Rochester and its unsecured creditors have told a New York bankruptcy judge that more than $50 million in deals with a pair of the diocese's insurers has bumped the total sexual abuse claim fund in the diocese's Chapter 11 plan to over $126 million.

  4. November 04, 2022

    Rochester Diocese Strikes $55M Ch. 11 Deal With Claimants

    The Diocese of Rochester filed a proposed settlement in New York federal bankruptcy court supported by sexual abuse claimants that would provide for a $55 million trust funded by the debtor along with the assignment of insurance rights for the benefit of claimants.

  5. July 07, 2022

    Crypto Winter Starts, Mediation Sought For Sex Abuse Claims

    The global collapse of cryptocurrency prices tipped two firms into bankruptcy, a New York youth club is seeking a quick mediation of sex abuse claims, and a pilot strike caused a Scandinavian airline to file for Chapter 11 earlier than expected. This is the week in bankruptcy.

  6. June 29, 2022

    Rochester Diocese $147M Ch. 11 Deal To Be Heard In Jan.

    A $147 million sex abuse claim settlement the bankrupt Roman Catholic Diocese of Rochester reached with its insurers has been set for a discovery timeline, with a settlement hearing scheduled for late January 2023.

  7. May 24, 2022

    Week In Bankruptcy: Dioceses Settle; Wind-Downs Reined In?

    Three Roman Catholic dioceses are pushing for approvals of settlements for hundreds of sexual abuse claims in bankruptcy courts, a Delaware state court judge denied a litigation stay in a nonbankruptcy wind-down case, potentially signaling a crackdown, and Purdue Pharma executives got their bonuses approved. This is the week in bankruptcy.

  8. May 23, 2022

    Rochester Diocese Reaches $147M Ch. 11 Deal With Insurers

    The Roman Catholic Diocese of Rochester proposed a $147 million settlement with its insurers late Friday to resolve coverage disputes for sex abuse claims lodged against the organization after nearly a year of intense mediation among the parties at the direction of a New York bankruptcy judge.

  9. October 25, 2021

    NY Diocese Says Firms Flouted Ch. 11 Stay With Abuse Suits

    The Diocese of Rochester asked a New York bankruptcy judge on Friday to sanction Seeger Weiss LLP and other plaintiffs' firms for allegedly ignoring a Chapter 11 automatic stay and launching five new lawsuits on behalf of sexual abuse survivors.

  10. July 08, 2021

    Rochester Diocese Defends $35M Deal To Cover Abuse Claims

    The Diocese of Rochester has asked a New York bankruptcy judge to overrule objections to a $35 million settlement with one of its insurers to provide coverage for claims that it failed to prevent sexual abuse, saying the deal is a vital first step in the reorganization process.

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