Bankruptcy Update

Via Open Book, an update on the Spokane diocese's bankruptcy proceedings (free registration req'd):

"I'm very concerned, obviously, about the fact that frankly every month this debtor goes further and further in the hole in terms of cash," U.S. Bankruptcy Judge Patricia Williams said during a hearing this week.

"That's a fact of life that is getting worse every single month and I ask myself periodically, you know, how many churches are we going to have to sell just because we can't get to plan confirmation?" Williams said.

Rob