Bankruptcy
Oct. 29, 2011
Diocese pursues bid for bankrupt Crystal Cathedral
The Roman Catholic Diocese of Orange will press forward with its bid to purchase the Crystal Cathedral church out of bankruptcy proceedings - despite the cathedral board's decision to endorse a competing bid from Chapman University.
Daily Journal Staff Writer
The Roman Catholic Diocese of Orange will press forward with its bid to purchase the iconic Crystal Cathedral church out of bankruptcy proceedings - despite a decision by the cathedral's board to endorse a competing bid from Chapman University.
"We remain hopeful that our bid can be chosen ... as the better bid," said diocese attorney Alan H. Martin of Sheppard Mullin Richter &...
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