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Archdiocese of Santa Fe Earns Close to $1.7 Million from Second Auction

Submitted by jhartgen@abi.org on

The Archdiocese of Santa Fe made close to $1.7 million from its second online auction, an auctioneer’s representative said on Friday, the Santa Fe New Mexican reported. Money from the auction will go to a potential settlement agreement with more than 400 victims of child sexual abuse perpetrated over decades by clergy members with ties to the archdiocese. No agreement has been reached and a third mediator has been brought in for negotiations. The archdiocese filed for chapter 11 bankruptcy more than three years ago. Insurance companies are expected to pay a big chunk of any settlement reached. The archdiocese also is selling other properties and seeking contributions. Louis B. Fisher III of SVN Auction Services said that his company offered 86 packages of small properties. The auction ended Monday. SVN also held an online for the archdiocese last year, resulting in about $1.4 million.