The Diocese of Camden will pay $87.5 million into a fund to compensate more than 300 sexual abuse survivors after a judge in the U.S. Bankruptcy Court for the District of New Jersey approved a Chapter 11 reorganization plan.
Jerrold Poslusny Jr., U.S. Bankruptcy Judge for the District of New Jersey. Photo: Dennis Degnan
Approved by U.S. Bankruptcy Judge Jerrold Poslusny Jr., the reorganization plan also calls for the diocese to assign millions of dollars in insurance rights to a fund that will be used to compensate survivors of abuse.
