2nd U.S. Diocese Files for Bankruptcy Protection
| 1564 hits
TUCSON, Arizona, SEPT. 20, 2004 (Zenit.org).- The Diocese of Tucson filed for Chapter 11 bankruptcy reorganization in an attempt to protect its assets from judgments and settlements stemming from sexual misconduct by some of its priests.
The diocese becomes the second Catholic diocese in the nation, after Portland, Oregon, to file for reorganization in the face of millions of dollars in claims alleging sexual misconduct by priests.
Tucson Bishop Gerald Kicanas said reorganization will provide the diocese a way to reorganize its debt and protect its assets, the Tucson Citizen newspaper reported.
A bankruptcy judge will appoint someone to oversee a diocese reorganization plan.