A committee representing clergy sex abuse claimants in the Archdiocese of Baltimore’s bankruptcy case announced that it reached a $100 million settlement with the Catholic institution’s largest insurer, the Hartford.
The details are still being ironed out, but the deal is a step forward, committee attorney Edwin Caldie of Stinson LLP said during a Thursday hearing in the US Bankruptcy Court for the District of Maryland.
The Hartford deal, which is subject to court approval, is the first proposed insurer settlement of sex abuse claims in the case. The committee filed a proposed reorganization plan on April 3 and hopes ...
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