The Roman Catholic archdiocese might now avoid bankruptcy by reaching a settlement with 1,300 people who said they had been abused by clergy members and lay leaders.
The Archdiocese of New York and plaintiffs’ lawyers were closing in on a settlement on Friday in which the church would pay more than $800 million to settle claims from 1,300 people who said they had been sexually abused by its clergy members and lay leaders.
The plaintiffs’ lawyers said that they had finalized the settlement with the archdiocese and that all of the plaintiffs had signed off on it.
But Joseph Zwilling, a spokesman for the archdiocese, said in an interview on Friday night that the parties were still working to finalize the agreement. “We are not quite there yet,” he said.
Terms of the settlement would call for each plaintiff to have the option of receiving a lump-sum payment of…
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