The Boston Archdiocese (www.rcab.org) announced last week that its finance panel voted to give Cardinal Law permission to file for bankruptcy, in the wake of numerous lawsuits related to the scandals.
The cardinal would first need Vatican approval for seeking bankruptcy protection. No U.S. Catholic diocese has ever declared bankruptcy. The archdiocese said it is still hoping to reach an agreement with the victims to avoid the declaration of bankruptcy.
A statement issued today by Joaquín Navarro-Valls, director of the Vatican Press Office, explained: “I can confirm the presence of Cardinal Bernard Francis Law in Rome. The cardinal has come to inform the Holy See about different aspects of the situation in his Boston diocese.”
Father Christopher Coyne, a Church spokesman in Boston, told the Associated Press that the archdiocese expected to release a statement later in the day.