Archdiocese of Milwaukee announces plan to emerge from bankruptcy

MILWAUKEE (WI)
WTMJ

[with video]

By Amy Burke

UPDATE: Abuse survivors will respond to the Archdiocese bankruptcy settlement plan at 2:30 p.m. Wednesday in front of the Cousins Center, 3601 S. Lake Drive.

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MILWAUKEE — The Archdiocese of Milwaukee announced Wednesday morning a plan to emerge from Chapter 11 bankruptcy.

Milwaukee Archbishop Jerome Listecki told 620WTMJ’s Charlie Skyes the church is filing a plan for reorganization with the courts.

Once the plan is confirmed by a judge, a $4 million fund will not only provide a plan that will allow the Archdiocese to emerge from bankruptcy, but it will establish a lifetime therapy fund for clergy abuse survivors and compensate survivors with eligible claims.

“Nothing I can say or do can change the past. The abuse suffered by survivors sickens me,” Listecki said in a statement. “…I am sorry for what happened to abuse survivors and I understand our obligation to love and care for those who were harmed. ”

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