Confronted by scores of lawsuits alleging sex abuse by priests, the Jesuits of the Oregon Province have filed for Chapter 11 bankruptcy protection.Newsday reports that the petition was filed Tuesday in U.S. Bankruptcy Court in Portland. The province of the Catholic order listed assets of less than $5 million and liabilities of almost $62 million.
"Our decision to file Chapter 11 was not an easy one, but with approximately 200 additional claims pending or threatened, it is the only way we believe that all claimants can be offered a fair financial settlement within the limited resources of the Province," Fr Patrick J. Lee, the current provincial, said in a statement.
The religious order has 10 provinces in the United States. The Oregon Province covers Oregon, Washington, Alaska, Idaho and Montana.
Many of the lawsuits involve Alaska Natives who say they were sexually abused as children while living in remote villages.
Ken Roosa, an Anchorage-based attorney who has filed claims on behalf of more than 60 Alaska Natives, said Tuesday night the Oregon Province is vastly underestimating its assets.
Roosa said he believes the Oregon Jesuit province has assets of "more than a billion dollars."
The Portland-based province contends it has worked "diligently" to resolve claims of misconduct, saying it has settled more than 200 claims and paid more than $25 million to victims since 2001.
That amount does not include payments made by insurers.
"Our hope is that by filing Chapter 11, we can begin to bring this sad chapter in our Province's history to an end," Lee said.
"We continue to pray for all those who have been hurt by the actions of a few men, so that they can receive the healing and reconciliation that they deserve."
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