Milwaukee archdiocese reports $19 million in costs for bankruptcy filing
CWN - February 13, 2014
The Archdiocese of Milwaukee has revealed that it has spent over $19 million in legal fees and associated expenses in connection with its bankruptcy filing.
In new documents submitted to a federal bankruptcy court, the archdiocese proposed a payment of $4 million to 125 sex-abuse victims. That payment represents a relatively small payment for each individual plaintiff, in comparison with other diocesan settlements; it also allows no cash settlements for more than 400 other people who have lodged abuse complaints. Lawyers for abuse victims have criticized the archdiocesan proposal, saying that more funds should be made available to the victims.
If the court sides with the victims' lawyers and rejects the proposed settlement, the archdiocese will incur greater legal costs in the bankruptcy process.
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach five million Truth-seeking readers worldwide this year. Thank you!
Progress toward our March expenses ($26,810 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!