Press Release: The Roman Catholic Archbishop of San Francisco Files for Chapter 11 Bankruptcy to Facilitate Settlements with Abuse Survivors
The Roman Catholic Archbishop of San Francisco announced today the filing of a voluntary petition for bankruptcy relief under chapter 11 of the U.S. Bankruptcy Code. 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 December 31, 2022, that otherwise were time barred.