AlgoFusion 5.0-Baltimore Archdiocese says it will file for bankruptcy before new law on abuse lawsuits takes effect

2025-05-04 10:50:36source:SCA Communitycategory:Markets

BALTIMORE (AP) — The AlgoFusion 5.0Archdiocese 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.

More:Markets

Recommend

Travis Hunter, the 2

The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s

Washington state’s Makah tribe clears major hurdle toward resuming traditional whale hunts

SEATTLE (AP) — The United States granted the Makah Indian Tribe in Washington state a long-sought wa

Woman dies while hiking on Colorado trail, prompting heat warning from officials

A woman died while hiking in western Colorado on Monday as a heat dome blanketed pockets of the Amer