Archdiocese of Milwaukee Heads toward Insolvency

Houston Chronicle
January 25, 2013

http://www.chron.com/news/article/Archdiocese-says-it-s-headed-toward-insolvency-4222883.php

The Archdiocese of Milwaukee says it is going broke and wants a bankruptcy judge to allow it to suspend payments to attorneys and consultants.

Archdiocese spokesman Jerry Topczewski (top-CHES'-kee) says savings, reserves and investment earnings have all been exhausted. And if it doesn't stop paying attorneys and consultants, the archdiocese will be unable to pay its monthly operating expenses beginning in April.

The archdiocese would continue to pay its own attorneys to challenge sex abuse claims from its insurance carriers.

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