National Catholic Reporter

The Independent News Source

Bankruptcy

Mediation between Milwaukee archdiocese, creditors ends with no resolution

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The mediation between the Milwaukee archdiocese and its creditors, most of them survivors of sexual abuse, ended Tuesday without a resolution.

The bankruptcy proceedings were placed on hold pending a decision by the 7th Circuit Court of Appeals related to nearly $60 million that was transferred to a trust fund shortly before the bankruptcy action was filed nearly four years ago.

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