The Archdiocese of San Francisco has declared bankruptcy due to over 500 sexual abuse lawsuits, aiming to manage assets of $100M-$500 million. Similar actions have taken place across Catholic dioceses in the U.S., grappling with historic abuse revelations. Lawyers anticipate a swift resolution hinging on transparency and insurer negotiations, as past cases resulted in substantial settlements.
The Maryland General Assembly is wrapping up its legislative session. The 90-day session ends at midnight Monday. It is the first year of a new term with new.