Baltimore Archdiocese Files For Bankruptcy Ahead of New Abuse Lawsuit Law

Archdiocese of Baltimore filed for Chapter 11 bankruptcy before law removing statute of limitations takes effect.
Filing comes as Maryland prepares to end statute of limitations for child sex abuse civil lawsuits.
Bankruptcy filing allows compensation for victims while protecting church resources and ministries.
Archdiocese says bankruptcy preferable to draining resources on litigation, leaving some victims uncompensated.
New lawsuits will be on hold if challenged on legal grounds once statute of limitations ends.