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Manly & Stewart News

San Diego Diocese Files for Bankruptcy

February 28, 2007 | By Marc Sauer

After four years of legal wrangling in the clergy-abuse scandal, attorneys for Bishop Robert Brom filed for Chapter 11 protection last night, making San Diego the largest Roman Catholic diocese in the nation to declare bankruptcy.

In a brief electronic filing just before midnight, the diocese said it had assets of more than $100 million and estimated debts of more than $100 million.

Brom's action halts the first trial, set to start today, of about 150 lawsuits alleging sexual abuse of children by 60 priests in incidents dating back decades.

Brom said in a statement: “We put money on the t...

 
Source:
Comment:
Diocese of San Diego Files for Bankruptcy to avoid clergy abuse trials.
Date Posted:
February 28, 2007