Saturday, December 04, 2004

Diocesan Bankruptcies: A Feast for Lawyers

Bankruptcy filings by various Catholic dioceses are now the rage. The Archdiocese of Portland (Oregon), faced with $155 million in tort claims — after paying some $53 million to settle 100 cases — filed for court protection under Chapter 11 of the Bankruptcy Code on July 6.
It takes a great deal of restraint to keep from verbally blasting and condemning the criminals who permitted these atrocities to happen to those entrusted to their care and to the Church. It takes a great deal more strength to pray for their immortal souls.

Article here on Catholic Exchange.

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