The Roman Catholic Diocese of Syracuse, New York

  1. October 21, 2024

    US Trustee, Insurers Pan New Syracuse Diocese Ch. 11 Plan

    The U.S. Trustee's Office and several insurers objected to the opt-out mechanism for third party releases in the latest Chapter 11 plan from the Roman Catholic Diocese of Syracuse, New York, arguing that such releases are barred by the U.S. Supreme Court's recent decision in Purdue Pharma.

  2. October 11, 2024

    Under The Radar: Bankruptcy News You May Have Missed

    A group of secured lenders to food giant Del Monte have asked Delaware's Chancery Court to find a liability management transaction was an event of default for an original loan, insurers are hoping two seasoned mediators will be able to iron out a long-running dispute with a bankrupt New York diocese, and lawyers for cancer patients say a bankrupt talc miner's Chapter 11 plan would result in uneven recoveries for personal injury claimants.

  3. August 08, 2024

    Judge Pauses Syracuse Diocese Ch. 11 Pending Changes

    A New York bankruptcy judge put the Roman Catholic Diocese of Syracuse's Chapter 11 case on hold Thursday until the diocese finishes revisions to its bankruptcy plan it says are needed to bring it into line with the Supreme Court's decision on Purdue Pharma's plan.

  4. July 11, 2024

    Syracuse Diocese To Notice Creditors On Ch. 11 Releases

    Lawyers for the Diocese of Syracuse said they've come up with a process to collect creditor consent for third party releases in an already voted on reorganization plan, telling a New York bankruptcy judge Thursday the approach will hopefully head off confirmation issues after the U.S. Supreme Court struck down nonconsensual third party releases in Chapter 11 plans.

  5. July 05, 2024

    Insurer Says No Sanctions Needed For Abuse Survivors Leak

    An insurance carrier for the bankrupt Roman Catholic Diocese of Syracuse is asking a New York bankruptcy judge to reject a request that she sanction it for leaking information about sexual abuse survivors, saying it shouldn't be punished for mistakes it's already fixed.

  6. May 13, 2024

    Giuliani Gag Suit, FTX To Pay Up, Victims Seek Sanctions

    Poll workers asked a bankruptcy court to bar Rudy Giuliani from making future defamatory statements like the ones that led to a $148 million judgment against him, while FTX said it plans to repay all customers in full in its proposed Chapter 11, and abuse claimants against the Roman Catholic Diocese of Syracuse are requesting sanctions for insurers that shared sensitive claims data.

  7. May 09, 2024

    Syracuse Diocese Creditors Urge Contempt On Insurer Leaks

    Unsecured creditors of the bankrupt Roman Catholic Diocese of Syracuse have asked a New York judge to hold insurers Interstate and an affiliate of Allianz in contempt for sharing confidential sex abuse survivors' claim information with third parties and failing to inform the debtor or the court.

  8. May 06, 2024

    WeWork Advances Plan, J&J's Third Filing, More Jones Drama

    WeWork Inc. pushed forward a reorganization plan despite its former CEO's objections, Johnson & Johnson disclosed plans for a prepackaged bankruptcy case supported by a $6.5 billion settlement, and an appeals court upheld more than $400,000 in sanctions as part of bankruptcy proceedings for Georgia-Pacific's asbestos unit.

  9. May 03, 2024

    Judge OKs Syracuse Diocese Ch. 11 Plan Disclosures

    A New York bankruptcy judge has approved the disclosure statement for the Chapter 11 plan of the Roman Catholic Diocese of Syracuse, New York, and set a confirmation hearing on the plan in September.

  10. April 11, 2024

    Syracuse Diocese Told Its Ch. 11 Plan Needs More Work

    A New York bankruptcy judge Thursday told the Roman Catholic Diocese of Syracuse that its Chapter 11 plan disclosure statement needs another round of revisions to address objections by insurance carriers claiming the plan impairs their contractual rights.