This appears to be one of those faux bankruptcies. The C.C. will continue conducting business in the same location, only the name on the deed will change. For those who just tuned in, the business of the Crystal Cathedral is basically the hackneyed old "positive thinking" stuff, only with more Jesus.
Crystal Cathedral to be sold as a way to exit Chapter 11 bankruptcy
...Since filing for bankruptcy, the church has been mired in controversy. Financial documents related to the case revealed generous pay and tax allowances for cathedral officials. Then, in March, choir members were outraged after being asked to sign a sex covenant some perceived as anti-gay...
(Founder Robert H.) Schuller stepped down in 2006 and handed the reins to his son, Robert Anthony Schuller. But by the fall of 2008, discord prompted the younger Schuller to resign. Sheila Schuller Coleman, the founder's daughter, stepped up to the senior pastor position in 2009 but has not been fully embraced by the congregation.What? Pastor Sheila has "not been fully embraced by the congregation?" Now what could Pastor Sheila POSSIBLY be missing? I'm betting a penis, but I'm just a Grumpy Gnu Atheist.
...Paul Loredo, who was an orchestra member for 25 years, said that no matter what, the damage has been done to the church's reputation. The church still owes him about $1,500 for performances.
Church leaders, he said, "could make a couple steps forward, but they've made so many steps backward that I don't see that happening." Under current church leadership, which also includes Coleman Schuller's sisters and husband, a new vision is unlikely to succeed, he said.http://www.latimes.com/news/local/la-me-crystal-cathedral-20110527,0,4039186.story?track=rssAnd in other Crystal Cathedral news...even the founder, Bob Schuller, is against this piece of stupidity. The church is back-pedaling furiously, claiming that the covenant is against "promiscuity of any form." They don't seem to be fooling very many people:
Crystal Cathedral sex covenant stirs controversy
Choir members at the Crystal Cathedral have been asked to sign a statement that God intends sex only for married heterosexuals.http://articles.latimes.com/2011/mar/17/local/la-me-crystal-cathedral-20110317