Roman Catholic Bishop of Helena, Montana Bankruptcy New Filing Alert: Disclosure Statement With Respect To A Plan Of Reorganization Or Liquidation

On January 13, 2015, a disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Roman Catholic Bishop of Helena, Montana and its affiliates.

The filing was assigned docket number 410 and is described on the court’s official docket as follows:

Amended Disclosure Statement Filed by ROMAN CATHOLIC BISHOP OF HELENA, MONTANA, A MONTANA RELIGIOUS CORPORATION SOLE (DIOCESE OF HELENA) (related documents(s) [373] Disclosure Statement filed by Creditor Committee OFFICIAL COMMITTEE OF UNSECURED CREDITORS). (Attachments: # (1) Exhibit A – First Amended Plan of Reorganization # (2) Exhibit Plan A-1 General Allocation Plan # (3) Exhibit Plan A-2 Province Allocation Plan # (4) Exhibit Plan B – Settlement Agreement, Release and Policy Buyback # (5) Exhibit Plan C – Settlement Agreement Buy Back of Policies, Release of Claims and Covenant Not to Sue # (6) Exhibit Plan D – Pro-Forma Financial Statements # (7) Exhibit Plan E – Trust Agreement # (8) Exhibit Plan F – Deposit and Loan Restoration Trust Agreement (supplied at a later date) # (9) Exhibit Plan G – Pro Forma Future Tort Claim POC Form # (10) Exhibit Plan H – Term Sheet # (11) Exhibit Plan I – Province Release # (12) Schedule Plan 238(a) Deposit and Loan Fund # (13) Schedule Plan 238(b) Deposit and Loan Trust # (14) Schedule Plan 2.39 – Diocese Parties # (15) Schedule Plan 240 – Diocese Entities # (16) Schedule Plan 2.71 – Placid Enterprises, LLC Loan Agreement # (17) Exhibit B – Disclosure Statement Approval Order # (18) Exhibit C – Liquidation Analysis # (19) Exhibit D – Blackline Version of Disclosure Statement)(ANDERSON, BRUCE)

Roman Catholic Bishop of Helena, Montana filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Montana. The case number for the lead bankruptcy case is 14-60074. The bankruptcy case is currently assigned to United States Bankruptcy Judge Ralph Kirscher. The law firm of Elsaesser Jarzabek Anderson Elliott & Macdonald, Chtd. is acting as lead bankruptcy counsel to Roman Catholic Bishop of Helena, Montana in the bankruptcy case.


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