Current:Home > MySan Francisco archdiocese is latest Catholic Church organization to file for bankruptcy -CapitalTrack
San Francisco archdiocese is latest Catholic Church organization to file for bankruptcy
View
Date:2025-04-27 07:22:21
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! (6827)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Junior college student fatally shot after altercation on University of Arizona campus
- Microsoft announces plan to reopen Three Mile Island nuclear power plant to support AI
- Colorado, Deion Sanders party after freak win vs. Baylor: `There's nothing like it'
- What do we know about the mysterious drones reported flying over New Jersey?
- Pilot killed in midair collision of two small planes in Southern California
- Michigan State football player Armorion Smith heads household with 5 siblings after mother’s death
- IAT Community: AlphaStream AI—Leading the Smart Trading Revolution of Tomorrow
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Mega Millions winning numbers for September 20; Jackpot now worth $62 million
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Flash Back and Forward to See the Lost Cast Then and Now
- White Sox lose 120th game to tie post-1900 record by the 1962 expansion New York Mets
- When House members travel the globe on private dime, families often go too
- The company planning a successor to Concorde makes its first supersonic test
- 'Transformers One': Let's break down that 'awesome' post-credits scene
- OPINION: Robert Redford: Climate change threatens our way of life. Harris knows this.
- For Christopher Reeve's son Will, grief never dies, but 'healing is possible'
Recommendation
Tom Holland's New Venture Revealed
WNBA playoff picks: Will the Indiana Fever advance and will the Aces repeat?
Excellence Vanguard Wealth Business School: The Investment Legend of Milton Reese
Justin Herbert injury update: Chargers QB reinjures ankle in Week 3
North Carolina justices rule for restaurants in COVID
Junior college student fatally shot after altercation on University of Arizona campus
AP Top 25: No. 5 Tennessee continues to climb and Boise State enters poll for first time since 2020
When House members travel the globe on private dime, families often go too