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Diocese of Rochester. On September 12, 2019, sex abuse lawsuits forced the Roman Catholic Diocese of Rochester for Chapter 11 Bankruptcy. [53][54] The Diocese is the first Catholic diocese in the state of New York to file for bankruptcy and also the 20th Catholic diocese in the U.S. states to do so as well.
The Roman Catholic Diocese of San Diego filed for bankruptcy protection on Monday for the second time, after a recent change to California law prompted 457 legal claims alleging decades-old sex ...
Patrick C. Shea is an attorney in California. He was the federal court-appointed attorney that represented 170-plus municipal entities [ 1] with investments of over $5 billion in the Orange County, California Chapter 9 bankruptcy. [ 2] On December 6, 1994, the County of Orange declared Chapter 9 bankruptcy, from which it emerged in June 1995.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) (Pub. L. 109–8 (text) (PDF), 119 Stat. 23, enacted April 20, 2005) is a legislative act that made several significant changes to the United States Bankruptcy Code. Referred to colloquially as the "New Bankruptcy Law", the Act of Congress attempts to, among other ...
A Proof of claim in bankruptcy, in United States bankruptcy law, is a document filed with the Court so as to register a claim against the assets of the bankruptcy estate. The claim sets out the amount that is owed to the creditor as of the date of the bankruptcy filing and, if relevant, any priority status. Although a document called a Claim in ...
Advertising is thought to eat up somewhere between 12% and 50% of the budgets of mass-tort firms. At a recent conference, Paul Cody, whose firm Counsel Financial says it has lent more than $1.5 ...
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