A few weeks ago, we told you about the Milwaukee Archdiocese Chapter 11 bankruptcy. The archdiocese filed for bankruptcy protection at the beginning of 2011. The reason for the bankruptcy filing was the increasing number of claims of sexual abuse.
Last month, a reorganization plan was filed with the court, which would put $3.7 million aside as compensation for 128 plaintiffs who were allegedly sexually abused by priests. There could be more compensation available if there is litigation against the church's insurance company.