Archidiocese of LA to Sell Properties to Fund Abuse Settlements

Cardinal Roger Mahony’s Statement For May 15th, 2007: “Archdiocese Begins Process To Fund Future Settlements"

Cardinal Roger Mahony has released a statement addressing the process of funding future settlements in civil cases against the Archdiocese.

ARCHDIOCESE BEGINS PROCESS TO FUND FUTURE SETTLEMENTS IN CIVIL CASES

By Cardinal Roger M. Mahony
Archbishop of Los Angeles

May 15, 2007

Last December, the Archdiocese of Los Angeles settled 46 civil cases in which clergy abuse had been alleged. The total settlement cost was $60 million, with the Archdiocese contributing approximately $40 million of the total amount. At the time of that settlement, I wrote:

“Now that this settlement is finalized, our attention will focus on the resolution of all remaining cases. To reach a settlement in those cases will require the active participation of the many insurance companies who provided liability insurance during those past years when abuse occurred. It is my hope that these insurance companies will join all of us in moving steadily toward a final settlement of these cases as soon as possible.”

Continued here.