- Feb 5, 2002
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A retired New York bishop has filed for personal bankruptcy protection in federal court after a state jury verdict found him, along with other officials, personally liable for the collapse of a Catholic hospital pension fund that left about 1,100 retirees without the lifetime monthly payments they were expecting.
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www.ncregister.com
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In Rare Move, Retired Albany Bishop Files for Personal Bankruptcy After Pension Verdict
The filing follows a civil trial in which a jury found the former bishop and other officials personally liable for the collapse of a pension fund serving employees of a Catholic hospital in Schenectady, New York.