Friday, March 02, 2018

St. Cloud Diocese To File For Bankruptcy

The Diocese of St. Cloud, Minnesota announced this week that it is planning to file for Chapter 11 bankruptcy reorganization in response to 74 claims filed against it for past sexual abuse of minors.  The claims came after the state legislature in 2013 created a 3-year window for abuse suits from past years.  According to the Star-Tribune, this will be the fourth Minnesota Catholic institution to file for bankruptcy.