Monday, October 15, 2012

Archdiocese, victims fail to reach bankruptcy settlement

Annysa Johnson reports at the Milwaukee Journal Sentinel,
"The court-ordered mediation between the Archdiocese of Milwaukee and victims of sexual abuse has failed, sending the parties back to the U.S. Bankruptcy Court to resume what one court official has called a scorched earth legal battle."
How scorched is it?
"The archdiocese had spent about $7.2 million as of Aug. 1 for attorneys and consultants on both sides, and more than $300,000 in fees has been added since then, according to court records. In bankruptcy, the debtor pays all costs."
That $7.5 million since January 4, 2011, divided by what I calculate at 648 days as of today, works out to $11,574.07 per day.

(via SNAP Wisconsin)

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