The Archdiocese of San Francisco has filed for Chapter 11 bankruptcy as it faces more than 500 lawsuits alleging child sexual abuse.
“The unfortunate reality is that the Archdiocese has neither the financial means nor the practical ability to litigate all of these abuse claims individually, and therefore, after much consideration, concluded that the bankruptcy process was the best solution for providing fair and equitable compensation to the innocent survivors who have been harmed,” Archbishop Salvatore Cordileone said in a Monday news release.
Good thing all these struggling small businesses were able to get covid relief loans. Most of them got to pay off their horrible pedo rape lawsuits with the money!