Clergy abuse survivors approve $800m settlement with New York's Catholic archdiocese, which could save the church from bankruptcy
Each of the 1,300 victims stands to receive a minimum lump sum of $250,000, with larger amounts available depending on the severity of their individual abuse. Lawyers told their clients that rejection of the deal would likely push the archdiocese into bankruptcy, reducing what survivors could expect to collect. Archbishop Ronald A. Hicks cautioned that the agreement will not be binding until all parties have signed. Many of those affected are now in their 60s, 70s and 80s.
Holdouts will split a $20m pot after the archdiocese negotiated with an insurer.
Attorney Paul Mones said it gives 'some measure of justice' to people 'terribly wronged'.
Some plaintiffs died before the long-running deal could be agreed.
