July 07, 2004
Portland Archdiocese seeks Chapter 11
Wednesday, July 7, 2004
Portland Archdiocese seeks Chapter 11
Costly abuse suits lead to bankruptcy filing, first in nation
By CLAUDIA ROWE
SEATTLE POST-INTELLIGENCER REPORTER
Drowning under a flood of costly lawsuits stemming from allegations of clerical abuse, the Catholic Archdiocese in Portland yesterday filed for Chapter 11 bankruptcy to secure its property from creditors, a move that left church officials in Seattle relieved at steps taken here to prevent similar disaster."
Portland Archdiocese seeks Chapter 11
Costly abuse suits lead to bankruptcy filing, first in nation
By CLAUDIA ROWE
SEATTLE POST-INTELLIGENCER REPORTER
Drowning under a flood of costly lawsuits stemming from allegations of clerical abuse, the Catholic Archdiocese in Portland yesterday filed for Chapter 11 bankruptcy to secure its property from creditors, a move that left church officials in Seattle relieved at steps taken here to prevent similar disaster."
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