Milwaukee archdiocese files for Chap 11 bankruptcy - WAOW - Newsline 9, Wausau News, Weather, Sports

Milwaukee archdiocese files for Chap 11 bankruptcy

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MILWAUKEE (AP) -- The Catholic Archdiocese of Milwaukee has directed its attorneys to file for Chapter 11 bankruptcy, saying that pending sexual-abuse lawsuits have left it with financial claims that exceed its means.

Archbishop Jerome Listecki said Tuesday the archdiocese was undergoing reorganization for two reasons: to be able to compensate victims and survivors while also allowing the church to continue its mission.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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