Louisiana: Alexandria diocese files for bankruptcy over clergy abuse claims

The Guardian

10 hours ago

YoyoFeed Ai Summary

The Roman Catholic Diocese of Alexandria in Louisiana has filed for Chapter 11 bankruptcy protection due to numerous clergy sexual abuse claims. Bishop Robert W. Marshall stated that the financial claims stemming from these acts of abuse exceed the diocese's capabilities. The bankruptcy filing aims to compensate victims fairly and ensure the continuation of the diocese's essential ministries to its parishes and parishioners. This action places the Alexandria diocese among more than 40 Catholic institutions in the United States that have sought bankruptcy protection amid the ongoing clergy abuse scandal. Of these, 28 bankruptcies are directly linked to the fallout from abuse allegations. The move follows the example of the Archdiocese of New Orleans, which also filed for bankruptcy in 2020. Recently, victims of child sexual abuse in the New Orleans... download the app to read more

archdiocese overwhelmingly approved a $230 million bankruptcy settlement. This settlement, expected to be officially announced on November 6th, includes provisions for releasing files on abusive clergy and establishing protections for children and vulnerable adults. A small group of bond investors opposed the settlement, alleging securities fraud by the archdiocese.

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