February 26, 2014 – Status Update

Bank­ruptcy pro­ceed­ings for the Dio­cese of Stock­ton con­tin­ued on sched­ule this week as the court held a rou­tine sta­tus con­fer­ence and deferred action on two motions by the Dio­cese.

At the Feb. 26 hear­ing, the Diocese’s attor­ney briefed the court on case devel­op­ments so far, includ­ing the appoint­ment of medi­a­tor Judge Gregg Zive and the sched­ul­ing of the first medi­a­tion ses­sion for April 28. The court received the Diocese’s sum­mary with­out objec­tion or issue.

The court also approved an agree­ment between the Dio­cese and the Cred­i­tors’ Com­mit­tee to post­pone until March 12 action on two motions filed by the Dio­cese. The motions seek per­mis­sion to con­tinue pay­ing two con­sul­tants, one help­ing with media and pub­lic out­reach and one pro­vid­ing assis­tance regard­ing the reor­ga­ni­za­tion of dioce­san pro­grams, ser­vices and staffing.

The court is expected to rule on the motions at the March 12 hear­ing. Indi­cat­ing that the pro­ceed­ings seemed to be on track, the court sched­uled the next sta­tus con­fer­ence for June 25 at 10 a.m.