Attorneys for a New Mexico diocese and its insurance companies say they are optimistic they will soon reach a resolution during mediation talks in their bankruptcy proceedings, the Associated Press reported on Friday. At a status conference last Tuesday, attorneys said that they believe a successful resolution might be obtained during mediation talks scheduled to take place in Phoenix Dec. 3-4. At the conference, attorneys for the Diocese asked Bankruptcy Judge David T. Thuma to postpone any court decisions until after the mediation, and Judge Thuma agreed. Read more.
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