Current:Home > NewsSan Francisco archdiocese is latest Catholic Church organization to file for bankruptcy -CryptoBase
San Francisco archdiocese is latest Catholic Church organization to file for bankruptcy
View
Date:2025-04-20 14:30:14
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! (8)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- When do new 'Big Brother' episodes come out? Season 26 schedule, where to watch
- Cucumbers sold at Walmart stores in Michigan, Ohio and Indiana recalled due to listeria
- Sheryl Lee Ralph overjoyed by Emmy Awards nomination: 'Never gets old'
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Lucas Turner: Investment Opportunities in Stock Splitting
- Heavily armed security boats patrol winding Milwaukee River during GOP convention
- Splash Into Summer With Lands’ End 40% off Sitewide & 75% off Clearance Sale on Swimwear, Coverups & More
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- House Republicans ramp up investigations into Trump assassination attempt
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- It's National Hot Dog Day! Here's how to cook a 'perfect' hot dog.
- Florida man arrested after allegedly making death threats against Biden
- Prime Day 2024 Last Chance Deal: Get 57% Off Yankee Candles While You Still Can
- Could your smelly farts help science?
- Still empty a year later, Omaha’s new $27M juvenile jail might never open as planned
- Which Las Vegas Hotel Fits Your Vibe? We've Got You Covered for Every Kind of Trip
- Tornado damage could affect baby formula supplies, Reckitt says
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
‘Claim to Fame’ eliminates two: Who's gone, and why?
Joel Embiid, Anthony Davis and Bam Adebayo effective 1-2-3 punch at center for Team USA
Stegosaurus fossil fetches nearly $45M, setting record for dinosaur auctions
Travis Hunter, the 2
Cavan Sullivan becomes youngest in US major sports to make pro debut
Hundreds attend vigil for man killed at Trump rally in Pennsylvania before visitation Thursday
British Open ’24: How to watch, who are the favorites and more to know about golf’s oldest event