MONTANA
Independent Record
ALEXANDER DEEDY Independent Record
The Diocese of Helena filed information on Friday detailing its financial situation and a reorganization plan to resolve its Chapter 11 bankruptcy.
The diocese filed for Chapter 11 bankruptcy on Jan. 31, 2014 as part of a $15 million settlement to victims who said some diocese clergy had sexually abused them decades ago.
The plan was submitted in collaboration with the Unsecured Creditors Committee, which represents the hundreds of people who have filed those claims of abuse.
Dan Bartleson, spokesman for the diocese, said it’s good for the diocese to have these steps and the submission of a disclosure statement is a positive move.
The disclosure statement detailing the diocese’s financial situation is intended to give creditors enough information so they can be informed when deciding if the reorganization plan will be sufficient or not.
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