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Court Approves Distribution in Iskcon Chapter 11 Case

Friday, 23 June 2006 / Published in Announcements / 4,894 views

By Gupta das

The U.S. Bankruptcy Court in both California and West Virginia today granted ISKCON’s motion to estimate claims for the purpose of distribution. Approval by the court provides the disbursement Trustee with legal authority to begin making compensation payments this month to well over 600 tort claimants.

Today’s proceedings cap two years of federal court litigation and four years of reorganization proceedings in which ISKCON institutionally acknowledged abuse and agreed to compensate hundreds of children who attended Krishna schools worldwide. Rather than litigate over statutes of limitation from decades past which would likely have legally barred litigants from any financial recovery, ISKCON instead invited every abused former student to timely take part in a $9.5 million dollar compensation fund.

That fund is being cooperatively created by contributions from ISKCON Temples, GBC members (past and present), Gurus and Sannyasis, the BBT, other ISKCON projects, as well as from devotees, friends and supporters worldwide. By acknowledging the past and cooperatively creating a compensation fund, no ISKCON Temple anywhere in the world had to be closed or sold.

Support for this revolutionary legal approach which, in effect, invited claims against ISKCON was the direct result of a worldwide consensus of ISKCON membership, and may accurately be viewed as an unequivocal expression in loving support of all of those children who suffered simply unimaginable abuse.

If you are a claimant and have not yet received an address confirmation letter from the Trustee, or a compensation matrix sheet from bankruptcy counsel, then send an email to request@oxfordlaw.com with your legal name, Krishna name and current address.

Late claims are still being accepted and processed. The instructions and forms to file a late claim, as well as to change your address, are available on www.guptadas.ws .

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2 Responses to “Court Approves Distribution in Iskcon Chapter 11 Case”

  1. Aniruddha das says :

    This isn’t the most pleasant of cases we have had to deal with but a significant milestone has been reached in helping resolve the unfortunate Child Abuse cases experienced in some US and Indian schools in the seventies and eighties. ISKCON Melbourne has been contributing its share to the fund over the last two years with a final payment due later this year.

  2. Tamoharadasa says :

    There is nothing good abouit taking the money earned by devotees slaving hard on the streets to pay off anybody. Rather, sue the criminals, and leave the rest of us out of your calculations, please.

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