Upcoming Bankruptcy Court Dates:

Noaker Law Firm
February 24, 2015

http://noakerlaw.com/archdiocese-of-st-paul-minneapolis-bankruptcy/

Where: United States Courthouse, Room 1017, 300 South 4th Street, Minneapolis, MN 55415

What: A meeting of creditors is where a representative from the Archdiocese is questioned under oath by the trustee and by creditors. Creditors are welcome to attend, but are not required to do so.

[01-27-2015 – Notice of Chapter 11 Bankruptcy Case, Meeting of Creditors]

Recent Court Filings:

[Archdiocese Chapter 11 Petition (1)]

[01-26-2015 – Notice of Appearance – Noaker]

[01-27-2015 – Notice of Chapter 11 Bankruptcy Case, Meeting of C]

[02-17-2015 – Periodic Reporting Regarding Value, Operations and Profitability]

[2-19-2015 – Appointment of Official Committee of Unsecured Creditors in Chapter 11 Case]

Recent News:

St. Paul-Minneapolis Archdiocese lists $45M assets, $15.9M liabilities in bankruptcy case – January 30, 2015, Fox News

MINNEAPOLIS – The Roman Catholic Archdiocese of St. Paul and Minneapolis has assets totaling more than $45 million — including about $11 million in real estate — according to a schedule of assets and liabilities filed Friday in U.S. Bankruptcy Court. Read More.

Minn. archdiocese transfer of assets may protect it from bankruptcy creditors – Church created nonprofit foundations, funds to potentially keep them out of creditors’ reach.

January 30, 2015, Star Tribune

For decades, the Archdiocese of St. Paul and Minneapolis has been shifting money into separate nonprofits that may be beyond the reach of its creditors in bankruptcy court. There’s the Catholic Community Foundation, created in the 1990s. The Catholic Finance Corporation, created in 2000. The Aim Higher Minnesota Foundation in 2011. The Catholic Services Appeal Foundation in 2013.