Clergy abuse survivors and other parties ensnared in the Roman Catholic Archdiocese of New Orleans’ expensive and lengthy bankruptcy reorganization are concerned after a nationally recognized business-turnaround expert brought on to assist with resolving the unusually contentious proceeding had some of his actions questioned in an unrelated case. Judge Meredith Grabill’s chosen expert, Mohsin “Mo” Meghji, was recently the subject of a Wall Street Journal investigation that examined ethical concerns over some of his maneuvering in a pharmaceutical company’s high-stakes bankruptcy reorganization. It is not clear if Grabill at all solicited Jones’s input before appointing Meghji to the New Orleans archdiocese’s bankruptcy on 21 August. Eagan also described doing things to purposely impede negotiations aimed at striking a settlement with clergy abuse survivors and other creditors. Grabill responded to those remarks with a rebuke, sarcastically calling it “rich” that the church was suddenly concerned with the cost of the bankruptcy.

Source: Wall Street Journal October 11, 2024 07:13 UTC