Current:Home > ScamsSan Francisco archdiocese is latest Catholic Church organization to file for bankruptcy -Quantum Capital Pro
San Francisco archdiocese is latest Catholic Church organization to file for bankruptcy
View
Date:2025-04-17 15:12:18
The Roman Catholic Archdiocese of San Francisco is the latest Catholic organization to declare Chapter 11 bankruptcy as it deals with 537 lawsuits from survivors of child sexual abuse.
Archbishop Salvatore J. Cordileone said in a statement that the bankruptcy allows for the resolution of claims in a fair and equitable manner under court supervision. He added survivors could reach quicker resolutions and possibly receive peace and closure.
"Today, occurrences of abuse within the Catholic Church are very rare,” said Archbishop Salvatore J. Cordileone in a statement. “Given the educational and preventative measures now in place, I believe the Church has set the standard for other organizations, showing what can and should be done to protect our children."
The bankruptcy would cover only the Catholic Archbishop of San Francisco, not its independently managed parishes and schools. The organization serves 442,000 Catholics in San Francisco, San Mateo, and Marin in Northern California.
Dozens of Catholic churches have filed for bankruptcy
Marie Reilly, a law professor at Pennsylvania State University who has kept track of 34 Catholic churches that filed for bankruptcy since 2004, said it's not uncommon for a church to tell congregants it is filing for bankruptcy to insulate itself from future sex abuse lawsuits, she said. Bankruptcy forces the court to treat all claims the same and removes the possibility of jury trials as the trustee of the church will determine how much each claimant gets.
According to Reilly's tracker, 18 Catholic churches have reorganized their debts under Chapter 11 bankruptcy and another 12 are in proceedings. Three religious orders affiliated with the church have also filed for bankruptcy.
Contact reporter Krystal Nurse at knurse@USATODAY.com. Follow her on X, the platform formerly known as Twitter @KrystalRNurse.
veryGood! (78889)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Hurricane-Related Deaths Keep Happening Long After a Storm Ends
- Netflix's Moments feature makes it easier to share scenes without screen recording
- Watching Over a Fragile Desert From the Skies
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Toxic Blooms in New York’s Finger Lakes Set Record in 2024
- A New Nonprofit Aims to Empower Supporters of Local Renewable Energy Projects
- Developer of Former Philadelphia Refinery Site Finalizes Pact With Community Activists
- Don't let hackers fool you with a 'scam
- Florida will vote on marijuana, abortion in an election that will test GOP’s dominance
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- NYC declares a drought watch and asks residents to conserve water
- When will Spotify Wrapped be released for 2024? Here's what to know
- Crooks up their game in pig butchering scams to steal money
- New data highlights 'achievement gap' for students in the US
- Toxic Blooms in New York’s Finger Lakes Set Record in 2024
- The annual Montana Millionaire drawing sells out in record time as players try their luck
- TGI Fridays files for bankruptcy; restaurants remain open amid restructuring
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
2024 MLB Gold Glove Award winners: Record-tying 14 players honored for first time
A.J. Brown injury update: Eagles WR suffers knee injury in Week 9 game vs. Jaguars
Hindered Wildfire Responses, Costlier Agriculture Likely If Trump Dismantles NOAA, Experts Warn
South Korean president's party divided over defiant martial law speech
Can you freeze deli meat? Here’s how to safely extend the shelf life of this lunch staple.
Will the 'khakis' be making a comeback this Election Day? Steve Kornacki says 'we'll see'
Man who fled prison after being charged with 4 murders pleads guilty to slayings, other crimes