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Diocese of Buffalo Files for Bankruptcy
Catholic News Agency ^ | 2/28/20 | Matt Hadro

Posted on 03/03/2020 6:30:09 PM PST by marshmallow

Buffalo, N.Y., Feb 28, 2020 / 10:10 am (CNA).- The Diocese of Buffalo announced on Friday that it is declaring bankruptcy as hundreds of abuse lawsuits have been filed against it in the last several months.

The diocese said it was formally filing for Chapter 11 reorganization under the U.S. bankruptcy code to provide the most compensation for victims of clergy sex abuse while continuing the day-to-day work of its Catholic mission.

"Our decision to pursue Chapter 11 reorganization - arrived at after much prayer, discernment and consultation with the College of Consultors and our Diocesan Finance Council - is based on our belief that this approach will enable the most number of victim-survivors of past sexual abuse in achieving fairness and a sense of restorative justice for the harm they have experienced,” Bishop Edward Scharfenberger, the diocese’s apostolic administrator, said on Friday.

“It will also allow the vital, mission-driven work of faith that is so essential to the residents of Western New York to continue uninterrupted,” Scharfenberger said.

The announcement follows a year in which allegations of a cover-up of clergy sex abuse were made against the diocese. Following the opening of a window in the state statute of limitation last summer, hundreds of abuse lawsuits filed against the diocese in New York courts. Bishop Joseph Malone, who led the diocese from 2012 until last year, resigned in December, following a Vatican-ordered investigation of the diocese by Brooklyn Bishop Nicholas DiMarzio.

Not included in the bankruptcy filing are diocesan parishes and parochial elementary and secondary schools, as well as Catholic Charities of Buffalo, the diocese said, since these are separate legal entities.

(Excerpt) Read more at catholicnewsagency.com ...


TOPICS: Catholic; Current Events
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1 posted on 03/03/2020 6:30:09 PM PST by marshmallow
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To: marshmallow

Hogwash!!


2 posted on 03/03/2020 6:33:26 PM PST by Terry L Smith
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To: marshmallow

Vatican II was the downfall of the Catholic Church. And they’re paying for it now.


3 posted on 03/03/2020 6:38:00 PM PST by laweeks
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To: marshmallow

Last week, it was Harrisburg PA


4 posted on 03/03/2020 6:47:20 PM PST by aMorePerfectUnion
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To: marshmallow

They are all goong to do tnis to avoid sex abuse payouts.


5 posted on 03/03/2020 6:59:27 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Secret Agent Man

The government needs to get Francis to pony up the dough.


6 posted on 03/03/2020 7:04:02 PM PST by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: marshmallow
arrived at after much prayer, discernment and consultation

Maybe they should have used such methods before they hired pedos and sodomites.

“It will also allow the vital, mission-driven work of faith cheese pizza that is so essential....

FIFY

7 posted on 03/03/2020 7:06:15 PM PST by bkopto
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To: marshmallow

All because of a gay pedophelia.


8 posted on 03/03/2020 7:31:05 PM PST by inchworm (al)
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To: laweeks

Homosexuals and a spineless bureaucrat mentality. A deadly threat


9 posted on 03/03/2020 7:31:27 PM PST by PGR88
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To: marshmallow

They didn’t control their pervert priests and they can no longer cover it up.


10 posted on 03/03/2020 8:10:05 PM PST by libertylover (Socialism will always look good to those who think they can get something for nothing.)
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To: marshmallow

Does this mean they can rape more children for only half the cost, or did they have to have already have done so?


11 posted on 03/03/2020 8:47:31 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: marshmallow

The claimed “universal” nature of the Catholic Church apparently doesn’t extend to its liabilities


12 posted on 03/03/2020 8:50:12 PM PST by armydoc
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To: marshmallow

“...arrived at after much prayer, discernment and consultation...”

My foot. After much prayer? Sheesh. They are just scamming the church for what they can get and use “prayer and discernment” as a smoke screen.

Ezekiel 34:2. Woe to the shepherds of Israel, who only feed themselves!


13 posted on 03/03/2020 9:52:21 PM PST by Falconspeed
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To: marshmallow

BS! Any entity that doesn’t pay property and revenue taxes should not be permitted to file for bankruptcy.


14 posted on 03/04/2020 5:28:26 AM PST by octex
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