The bishop pointed out that he replaced the intervention team last April and added a broader review board to oversee it, required all abuse allegations to be reported to the authorities and banned confidential money settlements of claim.
With new companies, especially, there is no track record on settlement of claims.
In an unusual move, Ally and ResCap said they had reached a global settlement of claims between the two.
This year, Mr. Freeh called for a "global settlement" of claims among the three overseers, arguing that the disputes had slowed down the disposition of claims and return of money.
But the supreme court ruled unhelpfully in 1999, when it rejected a multi-billion dollar class-action settlement of claims against Fibreboard, an asbestos producer.
It did not appear to be related to an earlier secret settlement of claims brought by two other women who had worked for Mr. Lopez.
Part of the diplomatic compact included a $150 million payment that Congress, in ratifying the compact, called a "full and final settlement" of claims across the Marshall Islands.
Knight Trading Group, the biggest matchmaker for buyers and sellers of Nasdaq stocks, yesterday reached a $79 million settlement of claims that it had overcharged customers.
The disclosure was made as a federal judge in Brooklyn issued an order yesterday that could provide a mechanism for reaching a global settlement of claims by smokers.
It has also told its bankers, but said the problem does not affect the settlement of claims or its cash position.
