The Archdiocese of St. John’s has filed for individual bankruptcy defense.
Archbishop Peter Hundt produced the announcement Tuesday afternoon by using a news launch that the archdiocese had filed a detect of intention to make a proposal pursuant to the Individual bankruptcy and Insolvency Act.
“Over the earlier calendar year due to the fact the lawful decision grew to become last that the archdiocese was vicariously liable for the promises of abuse at the Mount Cashel orphanage in the 1940s, ‘50s and ‘60s, we have been operating difficult to figure out how best to take care of these claims even though also making certain the ongoing practice and celebration of our Catholic faith,” Hundt claimed.
“In effect, we will be requesting more time to entire our evaluation of our assets, formally simply call for claims from the archdiocese, and acquire a proposal for our lenders to settle victims’ promises and creditor liabilities. This course of action will entail the archdiocese advertising diocesan homes such as church structures to satisfied statements. This will be a clear procedure adjudicated through the Newfoundland and Labrador Supreme Court docket.”
Hundt explained the church is committed to settling the victims claims, and “hope in doing so we can provide some evaluate of healing to them, their families and all who have been wounded by sexual abuse.”
Hudnt mentioned he will be assembly with parishes and groups in the coming weeks.