Sources close to the archdiocese told CNA that between 33 and 40 percent of the settlement amount is likely to be consumed by plaintiffs' attorney fees.
According to attorney Jeff Anderson, whose firm represents the abuse survivors, this is the largest settlement ever reached in a Catholic abuse case.
Anderson said that 450 survivors were included in the bankruptcy reorganization case, and 91 offenders were exposed and listed as credibly accused offenders who had never before been listed and exposed.
Jim Keenan, who was sexually abused by a priest at age 13, called the settlement "an absolute triumph" for victims.
He emphasized the need for continued vigilance in preventing abuse, but added, "I do believe we have made the world safer in terms of the Archdiocese of St. Paul/Minneapolis."
Marie Milke, another victim, spoke about the power of healing that renewed her desire to be alive.
"We're all aware of bad priests, but I have to acknowledge a few good priests," she added, pointing to her uncle, who is a priest, and two other priests who fight for victims. "I think it's important to know that there are still good priests, I want to thank you for not being afraid and to keep fighting for us."
Abood noted that this settlement will bring a resolution to all pending abuse litigation against the archdiocese, parishes, and other Church entities.
Archbishop Hebda said he hopes that the settlement, which will also complete the archdiocese's bankruptcy process, can mark a new beginning and allow for atonement, healing and restoration of trust.
"I sure hope, for those who have been harmed in the past, that this brings closure for them," he said, stressing that the Church wants to be partners in healing, and not adversaries.
"I ask that we enter this new day together, in hope and in love," he said.
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