RusBankrot
We know everything about bankruptcy
24/11/2024
Sunday
THIS DAY IN HISTORY:
24 November 
1970 The United States and the USSR ratified the nuclear non-proliferation treaty.
1970 The Central Committee of CPSU restored the national autonomy of the Kalmyks, Karachais, Balkars, Chechens and Ingush.
1970 Charles Darwin published The Origin of Species - the first edition was sold out in a day.
24 November
1970 The United States and the USSR ratified the nuclear non-proliferation treaty.
1970 The Central Committee of CPSU restored the national autonomy of the Kalmyks, Karachais, Balkars, Chechens and Ingush.
1970 Charles Darwin published The Origin of Species - the first edition was sold out in a day.
Bankruptcy of the Episcopal corporation in Canada did not involve the sale of cemeteries
On April 20, the Supreme Court of the Canadian province of Newfoundland and Labrador had to reconsider the appeal in the bankruptcy case of the Roman Catholic Episcopal Corporation of St. John. Lawyers representing various participants in the scandalous trial appeared in court in person or online to discuss the sale of assets to a religious organization.
One of the topical issues of discussion was the cemetery land, which the corporation's lawyers asked not to put up for sale. As a result, the court approved the agreement on cemeteries, which was previously so actively sought by the lawyer Jeffrey Spencer, who represented the archdiocese. As one of the participants in the process noted, the lawyers never expressed a desire to sell the land used as a cemetery.
In 2003, the country's Supreme Court ruled that the church was responsible for the sexual abuse committed by its members. In July 2020, a court in Newfoundland and Labrador ruled that the Archdiocese of St. John was responsible for sexual misconduct. After that, it became clear that the case could end with bankruptcy.
On December 21, 2020, the diocese's governing corporation applied to the court to protect it from bankruptcy. It indicated a debt of $2.94 million.
One of the topical issues of discussion was the cemetery land, which the corporation's lawyers asked not to put up for sale. As a result, the court approved the agreement on cemeteries, which was previously so actively sought by the lawyer Jeffrey Spencer, who represented the archdiocese. As one of the participants in the process noted, the lawyers never expressed a desire to sell the land used as a cemetery.
The Episcopal Corporation is the legal entity of the Roman Catholic diocese, which turned out to be at the center of a scandal in 1988.
This happened due to the cases of sexual abuse that took place at Mount Cashel Orphanage in the 1950s. Amid multiple lawsuits, the religious organization that ran the orphanage filed for bankruptcy. Several priests across Canada have been accused of sexual misconduct.In 2003, the country's Supreme Court ruled that the church was responsible for the sexual abuse committed by its members. In July 2020, a court in Newfoundland and Labrador ruled that the Archdiocese of St. John was responsible for sexual misconduct. After that, it became clear that the case could end with bankruptcy.
On December 21, 2020, the diocese's governing corporation applied to the court to protect it from bankruptcy. It indicated a debt of $2.94 million.
As a result, the court accepted the application, having forced the organization to start selling off its assets, including real estate.
At the last meeting, held on April 20, it turned out that a five-bedroom apartment building was put up for sale for $319,000. Judge Garrett Hendrigan approved the transfer of ownership of the Flatrock Civic Center to the City. The application of the organization that asked the court to transfer the case from bankruptcy proceedings to the stage of concluding agreements with creditors, provided for by a special law, was also considered. 22.04.2022
