San Francisco Archdiocese announces Chapter 11 bankruptcy filing

San Francisco Archbishop Salvatore Cordileone on Monday announced that the archdiocese would be submitting a Chapter 11 bankruptcy filing, a development the prelate had earlier warned might come about as a result of numerous abuse filings against the bishopric.

Cordileone earlier in August had warned that the filing was “very likely” in response to the “more than 500 civil lawsuits” alleging clerical sexual abuse filed against the archdiocese. ---More...

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