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Judge Approves Hiring of Lawyers, Experts in Guam Church Bankruptcy Case

Submitted by jhartgen@abi.org on

A federal judge today granted the Archdiocese of Agana and its creditors' separate requests to hire additional lawyers and experts in connection with the church's ongoing reorganization bankruptcy filing, which would help pay more than 200 Guam clergy sex abuse claims, the Pacific Daily News reported. While the court vacates the hearing date on six matters, other matters will be taken up during the May 3 hearing, including the archdiocese's proposed Aug. 15 deadline to file clergy sex abuse claims and the proposed sale of the former Accion Hotel in Yona. The May 3 hearing will cover the archdiocese's proposed Aug. 15, 2019, bar date or deadline for filing clergy sex abuse claims and other proofs of claims. The archdiocese also intends to present testimony regarding its proposed $5.4 million sale of the former Accion Hotel and former seminary in Yona to TF Investment LLC. The church listed the property for $7.5 million in 2018. Creditors and plaintiffs' lawyers opposed the low sale price for the property, which was previously valued at not less than $11 million and two other canceled offers were at $6.5 million and $7.5 million. Bank of Guam, also an archdiocese creditor, filed an objection to the archdiocese's notice of intent to present testimony regarding the property sale, "on the grounds that insufficient notice of the appraisal is being given."