Judge rules Diocese of Buffalo can use proceeds from sale of Christ the King Seminary toward settlement

Spectrum News 1 | Buffalo
A federal judge ruled the Diocese of Buffalo may use $4.2 million from selling Christ the King Seminary toward its $150 million sex abuse settlement.

Summary

A federal judge ruled that the Catholic Diocese of Buffalo can use the $4.2 million proceeds from the sale of Christ the King Seminary to help pay its $150 million portion of a settlement with sex abuse survivors. The 117-acre property in East Aurora was sold at auction in 2024 to the World Mission Society of God. The seminary had closed in 2020 after operating at a $500,000 annual deficit for a decade due to financial struggles and declining enrollment linked to the abuse scandal. A diocese spokesperson said, "The Diocese welcomes this latest court ruling allowing for the completion of the sale of Christ the King Seminary, closed in 2020. The Diocese will direct sale proceeds to the settlement fund for survivor-victims, as agreed to with the Creditors Committee," in a statement.

(Source:Spectrum News 1 | Buffalo)

Decrypt

Sony Argues in Court That Digital Games Can't Be Owned

The Kingston Whig-Standard

SMK Law: Ontario Court Grants Leave and Certifies Galaxy Digital Securities Class Action

scanx.trade

Indegene gets US court preliminary approval for USD 4.72 million class action settlement

TNW

Google will pay £260m to settle a UK class action over Play Store fees

Australian Financial Review

McDonald’s class action: Justice Michael Lee orders AI use to cut legal costs in $100 million underpayment case

PerthNow

Thousands of Aussies to share in $249 million settlement after superannuation class action

PerthNow

Commonwealth Bank, Colonial First State and Avanteos settle $249m class action

Google News

Awful: The Aviation Herald Founder Forced To Sell Home After Slovakian Airline Lawsuit

New Telegraph

T+1 Settlement cycle On Smooth Course , Boosting Nigeria’s Market Competitiveness – SEC

Yahoo! News

What Meta’s Settlement Means for Teens and Social Media

Infostride

CSCS transitions to T+2 settlement cycle

Headtopics

Lenovo and InterDigital Reach Patent Settlement After German Sales Ban

Et Now

Subhash Chandra's 99.97% haircut explained: What it means in the Rs 6.5-crore settlement

Ellwood City Ledger

Why Pa.'s $516M from Meta suit is less valuable than 2 hours a day

Mint

Setback for Anthropic? Sony, Warner Chappell file lawsuit against AI firm, accusing it of intellectual property theft