In a nearly unanimous vote, hundreds of victims of child sexual abuse by clergy and other church creditors approved a $230m bankruptcy settlement with the Roman Catholic archdiocese of New Orleans by a midnight deadline on Thursday.
The archdiocese reported in a court filing on Thursday morning that the deal was accepted by a staggering 99.63% of creditors, excluding a small group of bond investors who voted against it while suing the church and alleging it committed securities fraud.
