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January 4, 2011

Milwaukee Archdiocese to Seek Bankruptcy Protection in Wake of Pending Sexual-Abuse Lawsuits

"The Milwaukee Archdiocese said Tuesday it had directed its attorneys to file for bankruptcy protection because pending sexual-abuse lawsuits have left it with debts it can't pay.

The archdiocese was entering Chapter 11 reorganization so it could continue its work as a church while also compensating victims of sexual abuse, Archbishop Jerome Listecki said in a statement posted on the church's website."
Read the article here.

January 4, 2011 in Current Affairs | Permalink

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