We ask you, humbly: don't scroll away.
Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you.Help Now >
Schuller family paid fraction of claims, sent packing - Los Angeles
FREE Catholic Classes
Robert Schuller is done. The charismatic, 86-year-old minister will receive $700,000 of the $5 million plus he asked for in court and be on his way following Monday's court ruling. The ruling is the final chapter in Rev. Schuller's career that once saw him as the nation's leading televangelist.
We ask you, humbly: don't scroll away.
Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you.Help Now >
Highlights
Catholic Online (https://www.catholic.org)
11/27/2012 (1 decade ago)
Published in U.S.
Keywords: Schuller, Crystal Cathedral, Catholic, Hour of Power, bankruptcy, ruling
LOS ANGELES, CA (Catholic Online) - Schuller and his family sued what was formerly their own ministry for over $7 million claiming intellectual property theft among other obligations and damages. The church fought back, claiming the Schullers were owed nothing and that they were facing bankruptcy.
However, the bankruptcy court judge was unpersuaded by most of the Schuller family claims and awarded them only $700,000. The ruling clears the way for the Crystal Cathedral to honor outstanding obligations to creditors.
The Crystal Cathedral has been in bankruptcy for several years, going so far as to sell the iconic Crystal Cathedral itself to the Catholic Church. The ministry will relocate to a much smaller venue next year.
Schuller rose to prominence in the 1980's as one of the leading national televangelists, hosting the "Hour of Power" program. Millions watched the program on television.
However, Schuller came under criticism for employing family members and paying them generous salaries. The family is accused of taking millions from the ministry in past years.
The ruling should close out what has been a painful episode in the history of the Cathedral and pave the way for rebuilding - and paying off of creditors.
---
'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'
Copyright 2021 - Distributed by Catholic Online
Join the Movement
When you sign up below, you don't just join an email list - you're joining an entire movement for Free world class Catholic education.
-
Mysteries of the Rosary
-
St. Faustina Kowalska
-
Litany of the Blessed Virgin Mary
-
Saint of the Day for Wednesday, Oct 4th, 2023
-
Popular Saints
-
St. Francis of Assisi
-
Bible
-
Female / Women Saints
-
7 Morning Prayers you need to get your day started with God
-
Litany of the Blessed Virgin Mary
Discalced Carmelites ask for Edith Stein to be declared 'Doctor of Truth'
-
Cinco de Mayo - What is the day really about?
-
Cinco de Mayo, the Fifth of May: A Day to Celebrate Heritage and History
-
Edith Stein: Could she be the next Doctor of the Church?
-
Chaplain Reveals Unrest at Columbia University Caused by Communists
Daily Catholic
- Daily Readings for Tuesday, May 07, 2024
- St. Rose Venerini: Saint of the Day for Tuesday, May 07, 2024
- Blessing of a New House: Prayer of the Day for Tuesday, May 07, 2024
- Daily Readings for Monday, May 06, 2024
- St. Dominic Savio: Saint of the Day for Monday, May 06, 2024
- Nurse's Prayer: Prayer of the Day for Monday, May 06, 2024
Copyright 2024 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2024 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.
Catholic Online is a Project of Your Catholic Voice Foundation, a Not-for-Profit Corporation. Your Catholic Voice Foundation has been granted a recognition of tax exemption under Section 501(c)(3) of the Internal Revenue Code. Federal Tax Identification Number: 81-0596847. Your gift is tax-deductible as allowed by law.