Facing Sex-Abuse Claims, Buffalo Diocese Declares Bankruptcy

Facing Sex-Abuse Claims, Buffalo Diocese Declares Bankruptcy

The New York Times-NY·2020-02-28 15:13

ALBANY, N.Y. — The Diocese of Buffalo filed for federal bankruptcy on Friday, becoming the latest entity to seek financial protection after a 2019 state law allowed victims of historical childhood sexual assault to sue.

The Catholic diocese, the largest in upstate New York, cited the Child Victims Act in a statement posted on its website, saying that the maneuver was necessary “to continue uninterrupted its mission throughout Western New York, while working to settle claims with existing Diocesan assets and insurance coverages.”

……

Read full article on The New York Times-NY

America