CALIFORNIA
Lodi News-Sentinel
By News-Sentinel Staff
Last week, Judge Christopher Klein appointed a Nevada bankruptcy judge to act as a mediator in the Chapter 11 reorganization case of the Roman Catholic Bishop of Stockton.
The judicial mediator is the Hon. Gregg W. Zive. Judge Zive is expected to convene mediation sessions between lawyers for the Diocese of Stockton and those representing its creditors. A status conference in the bankruptcy case is scheduled for Wednesday, Feb. 26 in Sacramento.
“It is our hope that the issues in this case can be settled through mediation and that resolutions can be found that will be in the best interest of all involved,” Bishop Stephen Blaire said in a press release. “In bankruptcy cases, negotiated or mediated settlements result in faster outcomes and significantly lower costs than contested, litigated solutions.”
Attorneys for the diocese filed with the court schedules of assets and liabilities at the end of January.
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