Holy Crap!
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drl2
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by drl2 » Fri Aug 13, 2010 1:56 pm
Just passing on a short article from my local paper; the Catholic diocese in Wilmington has filed for bankruptcy in the wake of a number of lawsuits by victims of abuse at priests' hands (and other body parts). Yesterday some of the victims testified at the bankruptcy hearing.
http://www.delawareonline.com/article/2 ... t-betrayal
WILMINGTON -- Six men and one woman -- all older, mostly graying and looking like grandparents -- took turns on a U.S. Bankruptcy Court witness stand Thursday to recall their childhoods and relive the most shattering and traumatic incidents of their lives.
Each told Judge Christopher Sontchi how a priest -- whom they considered to be like God, or certainly God's representative on Earth -- betrayed their faith and trust by molesting them.
Who needs a signature anyway?
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mistermack
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by mistermack » Fri Aug 13, 2010 2:21 pm
They should move their claims up the chain of the Church to the next level.
I wouldn't be surprised if this is a tactic to let local Dioceses to go bankrupt, to minimise the final bill to Rome.
There must be a legal way to freeze the assets of the Catholic church in the US, if they are going to adopt this tactic.
.
While there is a market for shit, there will be assholes to supply it.
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Azathoth
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by Azathoth » Fri Aug 13, 2010 2:36 pm
How do the bankruptcy laws work over there? Will they be barred from going back into business? Could be a good thing
Outside the ordered universe is that amorphous blight of nethermost confusion which blasphemes and bubbles at the center of all infinity—the boundless daemon sultan Azathoth, whose name no lips dare speak aloud, and who gnaws hungrily in inconceivable, unlighted chambers beyond time and space amidst the muffled, maddening beating of vile drums and the thin monotonous whine of accursed flutes.
Code: Select all
// Replaces with spaces the braces in cases where braces in places cause stasis
$str = str_replace(array("\{","\}")," ",$str);
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maiforpeace
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by maiforpeace » Fri Aug 13, 2010 3:28 pm
Ghatanothoa wrote:How do the bankruptcy laws work over there? Will they be barred from going back into business? Could be a good thing
Depends on what Bankruptcy they filed, but usually they have to wait 7 years.
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Jay G
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by Jay G » Fri Aug 13, 2010 3:33 pm
Ghatanothoa wrote:How do the bankruptcy laws work over there? Will they be barred from going back into business? Could be a good thing
Bankruptcy laws are very complicated. It depends on whether they are liquidating or seeking to restructure so they can pay some of the debt. There are different kinds of BK for corporations, individuals, municipalities, etc..
"Their two is not the real two, their four is not the real four"
"Reason is the Devil's whore"
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Coito ergo sum
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by Coito ergo sum » Fri Aug 13, 2010 3:35 pm
maiforpeace wrote:Ghatanothoa wrote:How do the bankruptcy laws work over there? Will they be barred from going back into business? Could be a good thing
Depends on what Bankruptcy they filed, but usually they have to wait 7 years.
That's incorrect. They do not have to wait.
Chapter 11 can be filed, which is reorganization, in which case the business by definition continues.
Chapter 7 - liquidation - is filed by individuals, partnerships, corporations, what have you, and is basically the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors. That results in the end of the business, but there is nothing to stop the same people who were running business X that went bankrupt from starting business Y the next day.
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maiforpeace
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by maiforpeace » Fri Aug 13, 2010 3:57 pm
Coito ergo sum wrote:maiforpeace wrote:Ghatanothoa wrote:How do the bankruptcy laws work over there? Will they be barred from going back into business? Could be a good thing
Depends on what Bankruptcy they filed, but usually they have to wait 7 years.
That's incorrect. They do not have to wait.
Chapter 11 can be filed, which is reorganization, in which case the business by definition continues.
Chapter 7 - liquidation - is filed by individuals, partnerships, corporations, what have you, and is basically the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors. That results in the end of the business, but there is nothing to stop the same people who were running business X that went bankrupt from starting business Y the next day.
So it's no big deal if that diocese files bankruptcy - just call the pope for a loan.
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charlou
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by charlou » Fri Aug 13, 2010 6:16 pm
maiforpeace wrote:Coito ergo sum wrote:maiforpeace wrote:Ghatanothoa wrote:How do the bankruptcy laws work over there? Will they be barred from going back into business? Could be a good thing
Depends on what Bankruptcy they filed, but usually they have to wait 7 years.
That's incorrect. They do not have to wait.
Chapter 11 can be filed, which is reorganization, in which case the business by definition continues.
Chapter 7 - liquidation - is filed by individuals, partnerships, corporations, what have you, and is basically the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors. That results in the end of the business, but there is nothing to stop the same people who were running business X that went bankrupt from starting business Y the next day.
So it's no big deal if that diocese files bankruptcy - just call the pope for a loan.
Onward, Christian soldiers ...
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drl2
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by drl2 » Fri Aug 13, 2010 9:47 pm
An update:
http://www.delawareonline.com/article/2 ... to-proceed
WILMINGTON — Seven civil lawsuits accusing the former Rev. Francis DeLuca of sexual abuse under the Delaware Child Victims Act will be allowed to go to trial this fall, according to a ruling today from a U.S. Bankruptcy Court judge.
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The Catholic Diocese of Wilmington had opposed allowing the cases – which all name Catholic parishes in Delaware as defendants – from going forward, saying it would distract from and possibly undermine ongoing settlement discussions to resolve all 157 outstanding legal claims alleging sexual abuse by priests in Delaware.
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Who needs a signature anyway?
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Ian
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by Ian » Fri Aug 13, 2010 9:48 pm
I didn't notice this before - it's good news for me too! I live next door, in Maryland.

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macdoc
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by macdoc » Sun Aug 15, 2010 3:22 am
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