It has been a turbulent time for the Catholic Archdiocese of Milwaukee, which is facing a number of lawsuits and trying to declare bankruptcy. Specifically, they are facing civil fraud lawsuits -- more than a dozen of them -- that are related to the way that they handled cases revolving around sexual abuse. On top of that, they face another lawsuit of cemetery funds that reaches all the way up to $60 million.
The archdiocese got one step closer to getting to Chapter 11 bankruptcy, though, something they have been working on for three years. A judge was asked to look at a reorganization plan, and, while the judge did not approve it, she did say that the disclosure agreement that goes along with it could be given to the creditors. They could then vote on the matter. They could not do so before because they did not have enough information to make a decision, which this agreement would give them.