Green Bay diocese says it's on solid financial grounds

In a letter distributed this week to its parishes, the Catholic Diocese of Green Bay stressed that it is on sound financial footing and is not planning to file for bankruptcy.

The diocese also noted in the letter with Thursday’s date that it is not facing any liability judgments.

The letter comes after a Gannett Wisconsin Media story questioned whether the Catholic Diocese of Green Bay could follow a similar path as the Milwaukee’s Archdiocese, which filed for Chapter 11 bankruptcy protection earlier this month amid fraud lawsuits fueled by sex abuse cover-ups.
Read more at GB Gazette

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