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San Francisco Archdiocese Files for Bankruptcy

San Francisco Archdiocese (450k Catholics), known for its Catholic Archbishop Cordileone, has filed for Chapter 11 bankruptcy on August 21.

The filing is intended to protect the archdiocese from more than 500 civil lawsuits seeking money for alleged homosexual abuse.

Cordileone wrote that the vast majority of the alleged abuses occurred in the 1960s, 1970s, and 1980s and involve priests who are deceased or no longer in ministry, adding that some lawsuits involve claims against unnamed priests, or priests unknown to the archdiocese.

In most cases, it is impossible to establish the truth because the cases date back forty years or more.

Since 2003, the archdiocese has sold assets to pay more than $70M to alleged abuse victims.

San Francisco joins ten US dioceses in active bankruptcy proceedings. 17 have already gone through the process.

Allegations of abuse are very attractive because they allow to make easily a lot of money without having to fear a serious investigation.

Picture: Salvatore Cordileone © American Life League, CC BY-NC, #newsEeubfpkxjr
Wilma Lopez shares this
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The archdiocese of San Francisco confirmed that it obtained permission from the Holy See before declaring bankruptcy.
Sally Dorman shares this
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San Francisco Archdiocese Declares Bankruptcy - Abp. Cordileone faces over 500 abuse lawsuits
Kenjiro M. Yoshimori
Should still be illegal, everywhere.
Rafał_Ovile
Most attractive is Church real estate property... Us CC hierarchy seems disabled in grasping the end strategy behind homosexual and pedophile civil lawsuits based on prosecutions under RICO statutes originally designed to combat organized crime…… to start treating the Church like the mob…the RICO statutes are set up so they can grab assets immediately... and in analogy to tribal law extending …More
Most attractive is Church real estate property... Us CC hierarchy seems disabled in grasping the end strategy behind homosexual and pedophile civil lawsuits based on prosecutions under RICO statutes originally designed to combat organized crime…… to start treating the Church like the mob…the RICO statutes are set up so they can grab assets immediately... and in analogy to tribal law extending individual crimes of priests to collective responsibilty of the Church... Such claims and lawless procedures , often us jewish law firms, are contrary to latin civilization and Roman law principles. Unfortunately, this antichurch strategy being as cancer of the Church has also infected Europe, including Poland...
"There are a thousand hacking at the branches of evil to one who is striking at the root."
galabok
Some claims can be credible but the vast majority are likely bogus. Predatory lawyers seek out “victims.” It’s easy money.
Kenjiro M. Yoshimori
I wish it was "cardinal" McIlroy's diocese instead.