Davenport Bishop William E. Franklin has raised the possibility of the diocese filing for Chapter 11 bankruptcy under the U.S. Bankruptcy Code and discussed other potential financial fallout from the clergy sex abuse crisis.Source.
One of the reasons is Davenport diocesan priest, Father James Janssen, who is a co-defendant in 10 clergy sex abuse lawsuits filed against the diocese, and who was recently laicized.
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