On September 7, 2021, the bankruptcy court granted the Official Committee of Unsecured Creditors’ (the “Committee”) application to employ Burns Bowen Bair LLP as the Committee’s special insurance counsel. The Committee sought to employ Burns Bowen Bair LLP to provide insurance litigation services in the insurance coverage adversary proceeding.
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Employment of Cushman Wakefield
On June 24, 2021, the bankruptcy court granted the Official Committee of Unsecured Creditors’ (the “Committee”) application to employ Cushman Wakefield as the Committee’s real estate appraiser. The Committee sought to employ Cushman Wakefield to assist with valuing real property held by the Diocese of Syracuse that may be available to fund a settlement to pay the claims of sexual abuse survivors.
Mediation
On May 5, 2021, the bankruptcy court issued an order in the insurance coverage adversary proceeding directing the parties to mediation. The mediation includes the Official Committee of Unsecured Creditors’ (the “Committee”). To provide a platform for the parties to negotiate, all information related to settlement discussions at mediation is confidential.
Proof of Claim Events and Relationship to New York CVA
373 survivors of sexual abuse filed claims in the Diocese of Syracuse bankruptcy case by the proof of claim deadline of April 15, 2021. More information regarding filing a proof of claim can be found on the FAQ page.
