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Portland Archdiocese to Seek Chapter 11 Bankruptcy
The Portland Archdiocese said it will file for Chapter 11 bankruptcy amid mounting clergy sex abuse lawsuits. The move would bring new court scrutiny, halt ongoing trials, and could force court oversight of assets and expenditures. Plaintiffs have sought over 160 million dollars, while insurers and the diocese have paid more than 53 million to settle 180 plus claims. Archbishop Vlazny said settlement attempts failed. critics accuse the church of hiding details. The archdiocese owns over 500 million in tax assessed property and investments, with confidential asset values undisclosed. Grammond, a priest from 1950 to 1985, faced abuse allegations first reported in 1991 and made public in 1999.
MENTIONED IN THIS ARTICLE
Portland
Orc
Boston
Tucson
Ariz
Maurice Grammond
Grammond
Bud Bunce
Archdiocese
Chuck Zech
Villanova Uni
Versity
Vlazny
David Slader
Slader
Oregon
Bunce
Archdiocese of Portland
John Vlazny