Sexual Abuse Claims Leads to Bankruptcy
Updated October 4, 2018
Three Catholic institutions in Minnesota have filed for bankruptcy due to sexual abuse claims and now there is a fourth: the Catholic Diocese of St. Cloud.
Minnesota can now claim as the state having to file the most bankruptcies in the country as a result of sexual abuse by their clergy. For the St. Cloud Diocese, there has been seventy-four claims of sexual abuse by thirty-one clergies.
In total, more than eight hundred residents of Minnesota filed claims for being sexually abused as children, which resulted in the 2013 Minnesota Child Victims Act which extended the statute of limitations for three years.
Alexander Hernandez, Esq.
Alexander Hernandez is a bankruptcy attorney practicing in Jacksonville and the surrounding areas and Miami, Florida.
One of the Trustees in the Southern District of Florida in Miami, always starts the 341 meetings by stating that he has caught prior debtors lying and has prosecuted them.
The United States Bankruptcy Court for the Middle District of Florida which includes Jacksonville, Tampa Bay, Orlando, Ocala, Daytona and Fort Myers, is the third busiest bankruptcy court out of a total of ninety districts.
Multiple media outlets are reporting that the Weinstein Company will be filing for bankruptcy after being unable to obtain financing.