Thursday, January 6, 2011
Archdiocese of Milwaukee announces Chapter 11 reorganization
In St. Francis, Wisconsin, the Archdiocese of Milwaukee became the second American archdiocese, and the eighth overall, to file for Chapter 11 reorganization on January 4. With more than 650,000 parishioners, the Archdiocese of Milwaukee follows the archdioceses of Portland, Oregon and Tucson, Arizona in size.
The Archdiocese of Portland was the first such organization to file for Chapter 11 in July, 2004. During the Portland experience of reorganization, which ended in April 2007, a federal judge authorized $75 million in settlements for clergy sexual abuse claims and a financial reorganization plan.
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