NEW YORK
WRGB-TV, Channel 6
February 28, 2020
According to the filing, the Diocese is claiming 10 to 50-million dollars in assets, and 50 to 100-million dollars in liabilities, saying they need financial help to settle many of the lawsuits.
The Buffalo Diocese officially filing for bankruptcy protection today in the wake of legal action regarding sexual abuse.
The Child Victims Act became law last August, allowing victims of sexual abuse to file lawsuits against their alleged victims.
MORE: Albany Catholic Diocese releases statement following Rochester Diocese filing Chapter 11
According to the filing, the Diocese is claiming 10 to 50-million dollars in assets, and 50 to 100-million dollars in liabilities, saying they need financial help to settle many of the lawsuits.
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