Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts

Tuesday, November 14, 2017

Bikram yoga guru seeks bankruptcy in wake of harassment claims | Reuters

Bikram Choudhury Yoga Inc, the studio that popularized doing yoga in sauna heat, has filed for U.S. Chapter 11 bankruptcy, dogged by $16.7 million in legal judgments and numerous lawsuits and allegations of sexual misconduct.

Founder Bikram Choudhury, who built a worldwide following with classes of 26 yoga postures in rooms heated to 105 degrees Fahrenheit (40.6°C), has been accused of sexual assault by his yoga practitioners, students, instructors and teacher trainees. 

The Simi Valley, California-based company said in a bankruptcy court filing on Thursday in the Central District of California that its liabilities were worth up to $50 million. It listed assets of up to $1 million, suggesting that its largest creditors - women who are owed money for court judgments awarded against Choudhury - will not be paid in full.

Bikram yoga guru seeks bankruptcy in wake of harassment claims | Reuters

Sunday, April 3, 2016

Gallup diocese called on to release church records | Albuquerque Journal

 An attorney who filed 13 lawsuits against the Diocese of Gallup on behalf of alleged victims of clerical sexual abuse said the disclosure of church records will be an essential part of any settlement in the diocese’s Chapter 11 bankruptcy case.

Robert Pastor, a Phoenix attorney, said claimants and their attorneys in the case are adamant that the diocese must release church records, including the personnel files of accused priests.

Attorneys working toward a settlement told U.S. Bankruptcy Judge David Thuma of Albuquerque last week that they intend to file a reorganization plan with the court later this month.
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The Diocese of Gallup in 2013 became the nation’s ninth Roman Catholic diocese to file for Chapter 11 reorganization bankruptcy in response to civil lawsuits filed by alleged victims of clerical sex abuse.

The Diocese of Gallup has published a list of 30 priests and one lay teacher accused of “credible allegations of sexual abuse of a minor” assigned to parishes in New Mexico and Arizona, according to a statement written by Bishop James Wall.

Gallup diocese called on to release church records | Albuquerque Journal