Archbishop Salvatore Cordileone of San Francisco announced that the archdiocese has filed for Chapter 11 bankruptcy due to the hundreds of clergy abuse claims.
About a dozen dioceses and archdioceses in the United States are currently in bankruptcy proceedings as a result of multiple lawsuits alleging sexual abuse of children.
As Pope Benedict XVI once famously said, the historic genius of Catholicism is that, where other traditions tend to be either/or, the Catholic instinct is both/and.