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  Creditors Request Financial Advisers to Review Davenport Diocese

Associated Press, carried in WOI
June 14, 2007

http://www.woi-tv.com/Global/story.asp?S=6658551&nav=1LFX

Davenport, Iowa - A creditors committee in the bankruptcy case of the Roman Catholic Diocese of Davenport wants to hire a financial adviser to help review 48,000 pages of church documents.

The diocese filed Chapter 11 bankruptcy last fall in the wake of claims by people who said they were sexually abused by its priests. The creditors committee is made up of those alleged victims.

Attorneys for the committee filed an application this week in US Bankruptcy Court in Davenport to hire a North Carolina company to conduct a financial review to help maximize the amount of money received.

 
 

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