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SAN FRANCISCO -- The Archdiocese of San Francisco is officially filing for Chapter 11 bankruptcy successful the aftermath of galore claims of kid intersexual maltreatment allegedly committed by priests filed against it, according to an announcement Monday.
Catholic archbishop of San Francisco Rev. Salvatore J. Cordileone shared the missive posted Monday connected the archdiocese's website.
"Today, I americium informing you that aft overmuch reflection, prayer, and consultation with our fiscal and ineligible advisors, the Archdiocese of San Francisco filed for Chapter 11 bankruptcy reorganization," the missive said.
The bankruptcy reorganization stems successful ample portion from the much than 500 civilian lawsuits "filed against the Archdiocese nether authorities instrumentality AB-218, which allowed individuals to bring claims for puerility intersexual maltreatment that different would person been barred owed to the expiration of the statute of limitations," the missive said.
Cordileone besides commented connected the filing successful a video posted to YouTube Monday.
Archbishop Cordileone connected filing for Chapter 11 bankruptcy to facilitate settlements with survivors by Archdiocese of San Francisco on YouTube
Cordileone noted the bankruptcy filing would screen lone the ineligible entity known arsenic "The Roman Catholic Archbishop of San Francisco, a Corporation Sole." The diocese's parishes, schools, and different entities are not included successful the filing and their cognition should not beryllium affected, the archbishop said.
AB-218 was passed successful 2019. Cordileone had antecedently announced that a Chapter 11 bankruptcy reorganization was "very likely" successful a missive published earlier this month.
The archdiocese had antecedently sold excess spot and drew connected security to wage astir $68 cardinal to astir 100 plaintiffs to settee claims filed nether a 2002 authorities law.
"I stay committed to the healing and attraction of survivors who person suffered irreversible harm due to the fact that of the sins of the Church's ministers and inquire you to articulation maine successful praying for our Archdiocese, parish communities, schools, and each survivors of intersexual abuse," Cordileone said successful the letter.
The Archdiocese of San Francisco joins a increasing database of dioceses successful the Bay Area and crossed the United States and California that person filed for extortion nether the bankruptcy laws, including the dioceses of Oakland and Santa Rosa earlier this year.
A lawyer representing alleged victims of puerility intersexual maltreatment wrong the religion criticized Cordileone's announcement Monday.
"Cordileone's determination to record for Chapter 11 Bankruptcy is unsafe and demonstrates the archbishop's precedence is secrecy and self-protection," said Jeff Anderson, of Jeff Anderson and Associates.
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