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Financial Services & Capital Markets| Client Successes

Financial Restructuring Allows for New Beginnings

Situation

When the Archdiocese of Milwaukee filed for Chapter 11 reorganization of its financial affairs to address actions caused by priests who harmed children decades ago, our team guided the archdiocese through the unprecedented process. Challenges included the absence of insurance coverage for these kinds of claims.

Result

When the archdiocese reached a collective settlement with the survivors, it achieved its goals of compensating those who were harmed, creating a path toward healing, and returning its full attention to the Catholic Church’s mission.