Updated at 5:31 p.m.
Vermont’s Roman Catholic Diocese has filed for bankruptcy protection in the wake of more costly lawsuits alleging priest misconduct as far back as 1950 , according to a filing Monday with the U.S. Bankruptcy Court in Burlington.
The state’s largest religious denomination, reporting 110,000 members, will continue to operate 63 local parishes as it becomes the nation’s 40th Catholic entity (of a total of some 200) to try to reorganize depleting finances in court…