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Bankruptcy

Aug. 22, 2023

San Francisco Archdiocese files for bankruptcy

Bankruptcy needed to handle 500 sex abuse suits, archdiocese says.

The Roman Catholic Archdiocese of San Francisco filed for Chapter 11 protection on Monday. This is the third bankruptcy filing by a Catholic Diocese in California this year, and it probably won’t be the last.

“The filing is necessary to manage and resolve the more than 500 lawsuits alleging child sexual abuse brought against RCASF under California Assembly Bill 218, which allowed decades-old claims to be filed by Dec. 31, 2022, that otherwi...

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