Buffalo Roman Catholic Diocese seeks bankruptcy protection
Source: AP
By CAROLYN THOMPSON
BUFFALO, N.Y. (AP) The embattled Roman Catholic Diocese of Buffalo filed for bankruptcy protection Friday, taking another major step in its effort to recover from a clergy misconduct scandal thats been the basis for hundreds of lawsuits, Vatican intervention and the resignation of its bishop.
With its filing in U.S. Bankruptcy Court, the western New York diocese became the second in the state to file for Chapter 11 reorganization, and one of more than 20 dioceses to seek bankruptcy protection nationwide. Most recently, the Roman Catholic Diocese of Harrisburg, Pennsylvania, filed Feb. 19.
The Buffalo diocese has faced particular turmoil in recent months, culminating in the Dec. 4 resignation of Bishop Richard Malone following a Vatican-mandated investigation. Malone had faced intense pressure from members of his staff, clergy and the public to step down amid criticism that he withheld the names of dozens of credibly accused priests and mishandled reports of misconduct against others.
Albany Bishop Edward Scharfenberger called the bankruptcy filing a path forward to healing.
Bishop Edward Scharfenberger addresses the media, Friday, Feb. 28, 2018, in Buffalo N.Y., The Roman Catholic Diocese of Buffalo filed for bankruptcy protection Friday, taking another major step in its effort to recover from a clergy misconduct scandal that's been the basis for hundreds of lawsuits, Vatican intervention and resignation of its bishop. (AP Photo/Jeffrey T. Barnes)
Read more: https://apnews.com/231629807a5e8eca7535b318f1cec16c
Bernardo de La Paz
(48,785 posts)Normanart
(279 posts)Perhaps the victims will be satisfied with pennies on the dollar.
Sherman A1
(38,958 posts)To satisfy these obligations.
Midnight Writer
(21,546 posts)LiberalFighter
(50,491 posts)they shouldn't be able to use bankruptcy protection.