ALBANY, N.Y. (NEWS10) — A settlement has been reached in the bankruptcy case involving the Roman Catholic Diocese of Albany. NEWS10’s Bianca Caputo spoke to a survivor and one of the lawyers involved in the settlement to learn about what this means.
The diocese will have to pay $148 million to around 440 survivors who were sexually abused by clergy, religious, lay employees, and volunteers of the diocese.
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The Albany diocese filed for Chapter 11 bankruptcy on March 15, 2023 after settling over 50 child abuse lawsuits. The bankruptcy filing put several other cases on hold. Over 400 child abuse lawsuits were filed against the diocese after the New York State Child Victims Act in 2019 made it possible for people to file lawsuits years after abuse occurred. Many of those cases dated back to the mid-to-late 1900s.
More settlements could be coming from insurance companies that worked with the Diocese of Albany, said Bishop Mark O’Connell in a press conference. The Diocese has already pledged about $50 million from different parishes, and the rest will come from the Diocese and it’s other entities…