Camden Diocese Bankruptcy Plan Confirmed With $87.5 Million Deal

A New Jersey Catholic diocese’s bankruptcy plan was approved Thursday, solidifying an $87.5 million settlement for sex abuse claimants.

The plan, approved by Judge Jerrold N. Poslusny Jr., of the US Bankruptcy Court for the District of New Jersey, allows the Catholic Diocese of Camden and its parishes to begin distributing payments to people who say they were sexually abused as children by members of the clergy. The Camden diocese was one of several across the country that filed for bankruptcy after being hit with allegations of child sexual abuse.

The judge’s approval of the plan came after he rejected ...