Bankruptcy Archives - Page 4 of 5

Diocese filing for bankruptcy to settle sex abuse claims

Apr 1, 2017

“On behalf of the entire Diocese of Great Falls-Billings, I express my profound sorrow and sincere apologies to anyone who was abused by a priest, a sister or a lay church worker,” Bishop Michael Warfel said in a statement. “No child should experience harm from anyone who serves the church.”

Minnesota diocese, facing abuse lawsuits, files for bankruptcy

Mar 7, 2017

After a total of 101 lawsuits concerning sex abuse claims dating back to the 1950s, the Diocese of New Ulm has filed for bankruptcy and plans a reorganization. The suits were filed under a Minnesota law that temporarily lifted the statute of limitations for cases of sexual abuse of children.

Pope complains of ‘scandalous sums’ to save banks but not people
- Nov 5, 2016
“What’s happening in today’s world that, when a bank goes bankrupt, immediately scandalous sums appear to save it, but when there’s a ‘bankruptcy of humanity,’ there isn’t one-one thousandth of the same amount to save these brothers who suffer so much?” Pope Francis asked on Saturday.

By Cindy Wooden
In Minnesota, hundreds file lawsuits over sex abuse
- May 7, 2016
MINNEAPOLIS (AP) — It’s been nearly three years since Minnesota opened a path for lawsuits by victims of long-ago childhood sexual abuse. In that time, more than 800 people have brought abuse claims against churches, the Boy Scouts, schools and a children’s theater company. Previously unknown offenders have been exposed.

By Associated Press
Reports: Minnesota diocese anticipates bankruptcy
- Oct 7, 2014
ROCHESTER, Minn. – The Diocese of Winona anticipates it will file for bankruptcy as a result of lawsuits filed by victims of clergy sex abuse. Minnesota Public Radio News reports that in a March 25 letter to the Vatican, Winona Bishop John Quinn says the diocese has received several claims of

By Associated Press