caused by sex abuse scandal involving 375 victims against 74 priests in state

One of the oldest Catholic dioceses in the United States announced a settlement agreement on Tuesday to resolve a bankruptcy case in New Mexico that resulted from a clergy sex abuse scandal.

The tentative deal totals $121.5 million and would involve about 375 claimants.

The proposed settlement comes as the Catholic Church continues to wrestles with a sex abuse and cover-up scandal that has spanned the globe.