“An approach under consideration to meet both of our stated goals is seeking relief through a bankruptcy reorganization — establishing a reasonable and equitable method for compensation of victim-survivors while also preserving the many vital ministries of the archdiocese,” the archbishop said. “In this type of reorganization, the archdiocese would be required to provide resources which would be used to compensate victim-survivors while at the same time ensuring our mission can continue.”
Lori said the archdiocese will prioritize both goals, which he said are not mutually exclusive.
“As the spiritual leader of this archdiocese, it is incumbent upon me to meet the needs both for healing for those who have suffered tremendous harm by the actions of some ministers of the Church as well as the needs of those who currently rely upon the Church’s ministries,” the archbishop added. “We do not believe that these goals are mutually exclusive. To that end, it is essential for the archdiocese to pursue the best possible solution to meet both goals.”
Lori said the number of lawsuits is “hard to predict” but that litigating them individually could yield “very high damage awards for a very small number of victim-survivors” and leave “the vast majority of [other survivors]” with almost nothing.
“The archdiocese simply does not have unlimited resources to satisfy such claims; its assets are indeed finite,” Lori said.
The archbishop added that donations given for specific purposes, such as for the annual appeal or any other gifts, are strictly limited to the stated intentions of the donor under a bankruptcy reorganization. Only the archdiocese’s unrestricted assets would be used to support the legal battles and compensation for victims.
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