The Diocese of Buffalo agreed to pay $150 million to settle over 800 claims of sexual abuse, sources confirmed to WIVB News 4 on Monday. The settlement follows years of efforts to reach an agreement of compensation for victims, and the Diocese’s bankruptcy filing in 2020.
The claims were a large factor in the Diocese’s decision to close and merge churches across Western New York over the past year, along with declining number of priests and parishioners.
According to an update filed to the court by co-mediators on Monday, the agreement consists of “specific and economic terms and various non-economic terms.” The update also said a certain amount of money will be “payable on the effective date” of a confirmed plan and the rest of the funds will be paid afterward on a “tiered interest schedule.” The monetary amount was not specified in the update.
One year after state lawmakers passed…
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