ABC News: Record Church Abuse Payout Gets Initial OK
A judge granted preliminary approval Tuesday to the nation's largest settlement in the church abuse scandal, authorizing a $120 million agreement between the Roman Catholic Diocese of Covington and hundreds of victims of child-molesting priests and other employees.
The decision by Judge John W. Potter makes immediately available $40 million from diocese assets. The victims and the diocese are suing two insurance companies for the remaining $80 million.
Potter's ruling allows the church and the plaintiff's lawyers to begin advertising the settlement and sets a Nov. 10 deadline for claims to be filed.
Read the article at ABC News Dated July 5, 2005
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