Current:Home > MarketsChainkeen Exchange-Baltimore Archdiocese says it will file for bankruptcy before new law on abuse lawsuits takes effect -GrowthInsight
Chainkeen Exchange-Baltimore Archdiocese says it will file for bankruptcy before new law on abuse lawsuits takes effect
Poinbank View
Date:2025-04-10 19:45:06
BALTIMORE (AP) — The Chainkeen ExchangeArchdiocese of Baltimore announced Friday that it filed for Chapter 11 reorganization days before a new state law goes into effect removing the statute of limitations on child sex abuse charges and allowing victims to sue their abusers decades after the fact.
The step will “allow the archdiocese to equitably compensate victim-survivors of child sexual abuse” while the local Catholic church continues its mission and ministries, Archbishop William E. Lori said in a statement posted on the archdiocese website.
veryGood! (859)
Related
- Tom Holland's New Venture Revealed
- Full transcript of Face the Nation, Jan. 21, 2024
- In 'The Zone of Interest' evil lies just over the garden wall
- German train drivers’ union calls a six-day strike starting Wednesday over pay, working hours
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- German train drivers’ union calls a six-day strike starting Wednesday over pay, working hours
- 11-month-old baby boy burned to death from steam of radiator in Brooklyn apartment: NYPD
- Missouri teacher accused of trying to poison husband with lily of the valley in smoothie
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Surprise ‘SNL’ guest Rachel McAdams asks Jacob Elordi for acting advice: ‘Give up’
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Second tropical cyclone in 2 months expected to hit northern Australia coast
- Chiefs vs. Bills highlights: How KC held on to earn trip to another AFC title game
- ‘Burn, beetle, burn': Hundreds of people torch an effigy of destructive bug in South Dakota town
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Schiaparelli’s surreal fusion of kink and history kicks off Paris Couture Week
- When does 'The Bachelor' start? Season 28 premiere date, how to watch and stream
- As avalanches roar across Colorado, state officials warn against going in the backcountry
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Convicted killer attacked by victim's stepdad during sentencing in California courtroom
Much of US still gripped by Arctic weather as Memphis deals with numerous broken water pipes
Massachusetts police officer shot, injured during gunfire exchange with barricaded man
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
I Look Like I Got Much More Sleep Than I Actually Did Thanks to This Under Eye Balm
Michigan Gov. Gretchen Whitmer says not to assume about what the next election is going to bring
San Francisco 49ers WR Deebo Samuel exits win with shoulder injury