Major West Coast Archdiocese Files Bankruptcy To Save Settlement Cash

bankruptcy

Despite all the gold flowing into the Catholic church, the Roman Catholic Archdiocese of San Francisco filed for bankruptcy. “In an effort,” they claim, “to facilitate any potential settlements.” The Survivors Network of those Abused by Priests finds that move, “disturbing.

Archdiocese declares bankruptcy

It’s already a done deal that the Roman Catholic Archdiocese of San Francisco filed for bankruptcy on Monday, August 21. It’s clear that the church is bankrupt morally but not so clear that it doesn’t have the cash to cough up financially.

Faced with “hundreds of lawsuits accusing the Catholic Church of enabling child sexual abuse,” the Archbishop slammed the brakes on negotiations with alleged victims.

In an official statement from Archbishop Salvatore Cordileone, “the filing of Chapter 11 in a San Francisco court will allow the diocese to halt the lawsuits while it develops a plan to hold settlement talks.” He pleads poverty to justify the bankruptcy proceedings.

The unfortunate reality is that the Archdiocese has neither the financial means nor the practical ability to litigate all of these abuse claims individually.” Maybe they should have thought about that while they were enabling the abuse to continue as status quo, critics remind.

Therefore, Cordileone continues, “after much consideration,” he “concluded that the bankruptcy process was the best solution for providing fair and equitable compensation to the innocent survivors who have been harmed.” Why not just give the Vatican a jingle and have the treasury shake it loose?

Well, he explains, chapter 11, they’re convinced, is the “best” way to “provide a compassionate and equitable solution for survivors of abuse while ensuring that we continue the vital ministries to the faithful and to the communities that rely on our services and charity.” They’re feeding all the zombies on the street and providing sanctuary to all of the asylum seeking invaders, too.

All old claims

In support of screwing the victims once again, Archbishop Cordileone points out that “the ‘overwhelming majority‘ of more than 500 sex abuse claims occurred 30 or more years ago involving priests no longer active in the ministry or who are deceased.” That makes dodging their legal obligations by declaring bankruptcy okay then.

He’s got the job of making sure that “88 parishes and schools within the diocese, which serves 442,000 Catholics in San Francisco, San Mateo, and Marin counties, will continue to operate as usual.” They can’t do that if the victims take all their ducats.

He didn’t mention to the press that those parishes and schools “are independently managed and self-financed and were not included in the court filing.” What really did them in was a law liberal California passed in 2019 which opened a three year window for anyone to bring forward old sex abuse claims.

The church got hit with so many of them they felt the need to declare bankruptcy to cushion the blow. The Survivors Network of those Abused by Priests called them out on it. The archdiocese, they say is “morally corrupt” and it doesn’t believe they’re as broke as they claim.

We seriously doubt that the Archdiocese of San Francisco does not have the assets to settle these lawsuits, and we find it disturbing that Archbishop Cordileone claimed this is the ‘best way‘ for victims’ lawsuits to be resolved,” a formal statement issued by SNAP responds.

We can only hope that the federal judge closely examines the Archdiocese’s real estate holdings, which are spread across three of the richest counties in the United States.” Back in May, “the Catholic Diocese of Oakland announced that it had filed for bankruptcy amid 330 sex abuse lawsuits in an effort to stabilize its finances.

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