The Roman Catholic Archdiocese of San Francisco has announced a $395 million settlement with about 530 people who said they were abused as children by priests. This deal, which must be approved by U.S. Bankruptcy Judge Dennis Montali in San Francisco, would resolve the archdiocese’s bankruptcy case and is the largest settlement reached in bankruptcy by any Catholic diocese.

Details of the Settlement

The Archdiocese, serving nearly 450,000 Catholics in California’s San Francisco, San Mateo, and Marin counties, also committed to publishing the names of priests who had been credibly accused of sexually abusing children and to adopting additional safeguards aimed at preventing future misconduct.

San Francisco Archbishop Salvatore Cordileone stated, ‘We remain committed to the healing and care of survivors who have suffered because of past sins of Church ministers. We pray for all survivors of sexual abuse, for our Archdiocese, parish communities and schools, and for the eradication of this shameful crime from our midst and from society as a whole.’

The settlement surpasses a $323 million bankruptcy deal reached by the diocese of Rockville Centre on Long Island, New York, which was previously the largest bankruptcy settlement by a Catholic organization.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.