The Roman Catholic Diocese of Davenport filed for Chapter 11 bankruptcy Tuesday, the fourth diocese in the nation to seek financial protection to deal with priest sex abuse cases.If UAL and a Roman Catholic Diocese can declare bankruptcy why wouldn't some big American city face financial problems in the near future?
The filing comes less than two weeks before the diocese defends itself in court against accusations it failed to discipline a former bishop accused of sexually abusing a high school student.
Bishop William Franklin said the diocese was left with no other alternative to settle more than two dozen claims against priests accused of sexual abuse. He said the move would ensure the financial health of the church.
Wednesday, October 11, 2006
Iowa Diocese Seeks Bankruptcy Protection
The AP reports:
