Archdiocese of Milwaukee says it's going broke

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MILWAUKEE (AP) -- The Archdiocese of Milwaukee says it wants a bankruptcy judge to allow it to suspend payments to attorneys and consultants.

Archdiocese spokesman Jerry Topczewski says savings, reserves and investment earnings have all been exhausted. And if it doesn't stop paying attorneys and consultants, the archdiocese will be unable to pay its monthly operating expenses beginning in April.

The archdiocese would continue to pay its own attorneys to challenge sex abuse claims from its insurance carriers.

The attorney for the bankruptcy creditors committee, James Stang, blames the archdiocese's cash flow problems on its aggressive efforts to throw out hundreds of sex abuse claims. The Milwaukee Journal Sentinel reports Stang says nearly $9 million in fees have been paid so far.

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Archdiocese of Milwaukee says it's going broke - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Archdiocese of Milwaukee says it's going broke

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