NEW MEXICO
The Eagle
Associated Press
ALBUQUERQUE, N.M. (AP) — Attorneys for a New Mexico diocese have submitted a proposed settlement for a bankruptcy case that has spanned more than two years.
Attorneys for the Diocese of Gallup on Monday filed a reorganization plan that would use cash contributions of $21 million from nearly a dozen sources to settle claims filed by 57 alleged victims of clerical sexual abuse.
The Albuquerque Journal reports (http://bit.ly/1RdVcBg ) the settlement would also be used to establish a trust to pay for future claims.
U.S. Bankruptcy Judge David Thuma will consider the proposal at a hearing next month. The plan must also be approved by the claimants.
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