The Roman Catholic Bishop of Sacramento
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June 26, 2024
Calif. Diocese Can End Priest Retirement Plan, Judge Says
A California bankruptcy judge on Wednesday gave the Roman Catholic Bishop of Sacramento the all-clear to terminate a supplemental retirement plan for the church's priests, allowing the debtor to strike a deal with the plan's trustee to turn over $30,000 in assets.
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April 04, 2024
Judge, Bankrupt Sacramento Diocese Aligned On Mediation
A California bankruptcy judge told the Roman Catholic Bishop of Sacramento at a first-day hearing Thursday that moving toward mediation as quickly as possible is the best scenario for the diocese as it seeks to address hundreds of claims arising from childhood sexual abuse.
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April 02, 2024
Sacramento Diocese's $500M Abuse Liability Prompts Ch. 11
The Roman Catholic Bishop of Sacramento has filed for Chapter 11 in California court to address historical childhood sexual abuse liability that could reach as high as $500 million, saying the hundreds of claims could sap all the debtor's assets unless it sought the protection of bankruptcy.