The bankrupt Archdiocese of St. Paul and Minneapolis says that the latest reorganization plan proposed for the church by creditors would strip it of all assets required to pursue the church's mission, Minnesota Public Radio reported on Saturday. The archdiocese filed its objections to the creditors' plan on Friday and urged acceptance of its own $156 million settlement. The Twin Cities archdiocese filed for chapter 11 bankruptcy in January 2015, motivated by hundreds of claims of sex abuse against archdiocesan priests. The archdiocese says that to fulfill the creditors' demands, assets would include all cash and the cash value of property, including religious vestments and relics. Also included would be the church's financial stake as landlord in the Cathedral of St. Paul and two high schools.
