Dear Brothers and Sisters in Christ:
Today, I have some important but difficult news to share with you. Earlier this morning, the Diocese of Rockville Centre has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code. This decision was not made lightly. However, in the year since the passage of the Child Victims Act, more than 200 lawsuits alleging sexual abuse have been filed against the Diocese of Rockville Centre. What became clear is that the Diocese could not continue to carry out its spiritual, charitable and educational missions while also having to shoulder the increasingly heavy burden of litigation expenses associated with these cases.
Filing for Chapter 11, we believe, is the only way for the Diocese to ensure a fair and equitable outcome for everyone involved. That is because the bankruptcy court will centralize all litigation and oversee a settlement that ensures that no survivor is left out or gets unfair compensation at the expense of another survivor.
During this period of restructuring, most Diocesan operations and ministries will continue without interruption. Continue reading…