Mount Cashel orphanage survivors reach settlement worth more than $16.5 million

CANADA
Calgary Herald

BY THE CANADIAN PRESS MAY 23, 2013

ST. JOHN’S, N.L. – Survivors of abuse at the Mount Cashel Orphanage in St. John’s, N.L. have reached a settlement with the Christian Brothers of Ireland worth more than $16.5 million.

The settlement with the Catholic religious order includes cash plus other assets that must still be approved in court.

Lawyer Geoff Budden represents 90 survivors from Newfoundland out of a total of 422 North American claimants.

He says the money will be distributed according to a court-ordered formula.

Budden says the settlement was reached by a committee of creditors that has worked with the Christian Brothers since its companies sought bankruptcy protection in the U.S.

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