Spokane Catholic Diocese files for bankruptcy protection
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Overwhelmed by sexual abuse lawsuits involving priests, the Roman Catholic Diocese of Spokane today became the third in the nation to file for bankruptcy protection.
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US Catholic bishops, dealing with a pervasive priest sexual abuse scandal, on Monday elected as their new president Bishop William Skylstad of Spokane, Washington, whose diocese faces dozens of lawsuits from alleged victims.
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A federal bankruptcy judge on Friday ordered immediate jury trials in more than 40 sex-abuse lawsuits against the Roman Catholic Diocese of San Diego.
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The Roman Catholic Diocese of Tucson filed for bankruptcy Monday, becoming the second U.S. diocese to seek court protection because of the cost of clerical sex abuse cases.
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MAXJet Airways Inc , an  all-business class airline, has filed for Chapter 11 bankruptcy  protection from creditors after canceling all flights earlier  this week, according to court documents.
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While the city of Spokane is racing to get out of federal court, the local Catholic Church is plunging head-long in, and now the fate of the Spokane Diocese rests in the hands of a federal judge.
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The Portland Archdiocese filed for bankruptcy Tuesday because of the steep costs from clergy sex abuse lawsuits, an unprecedented step that could open the Roman Catholic archdiocese to new levels of court scrutiny.
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Interstate Bakeries Corp., the nation&#39;s largest wholesaler baker and the operator of a large factory in Biddeford, filed for Chapter 11 bankruptcy protection and shook up its top management team Wednesday.
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With its cash reserves running out, the SCO Group Inc. has filed for bankruptcy protection.
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A judge Thursday rejected a request by the Roman Catholic Diocese of Davenport to delay a trial dealing with alleged sex abuse by priests, a ruling the diocese said would force it to file bankruptcy.
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When the Roman Catholic Diocese of San Diego filed for bankruptcy six months ago, it hoped to find shelter from potentially embarrassing and costly lawsuits from people claiming they were sexually abused by priests.
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Bishop William S. Skylstad of Spokane, Wash., who plans to declare his diocese in bankruptcy because of sexual abuse claims, was elected yesterday as the next president of the US Conference of Catholic Bishops.
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KANSAS CITY, Mo. Interstate Bakeries Corp. filed for Chapter 11 bankruptcy protection yesterday, a casualty of rising costs and reduced demand for carbohydrate-rich breads and pastries.
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The Roman Catholic Diocese of Spokane, unable to settle sexual abuse lawsuits, will file for bankruptcy at the end of the month, the bishop said Wednesday.
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The SCO Group Inc., licenser of the Unix operating system, filed for bankruptcy protection Friday, drained by unsuccessfully filing lawsuits claiming its software code was misappropriated by developers of the open-source Linux operating system.
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Interstate Bakeries Corp., the parent company of the Wonder/Hostess Bakery in Davenport, filed for Chapter 11 bankruptcy early Wednesday.
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NEW YORK -- Donald J. Trump&#39;s casino empire has filed for bankruptcy protection after months of negotiations with bondholders over restructructuring a crushing debt.