Thursday, September 12, 2024

Connecticut diocese announces bankruptcy reorganization plan

The Diocese of Norwich, Connecticut—along with its insurance provider and its parishes—has announced its intent to file a bankruptcy reorganization plan that will make $30 million available to abuse survivors and other unsecured creditors.

The diocese stated that it came to this decision after the Official Committee of Unsecured Creditors “abruptly withdrew” from a previous agreement.

The diocese made its announcement on September 6—three days after the retirement of its bishop, Bishop Michael Cote, and the Pope’s appointment of Archbishop Christopher Coyne of Hartford as apostolic administrator.