The Archdiocese of San Francisco has agreed to a $395 million settlement with survivors of clergy sexual abuse, the archdiocese and lawyers for the victims said on Monday.

The settlement addresses about 530 claims brought by survivors, according to Jeff Anderson, a lawyer for the claimants. He said the settlement amount was “less than a full measure of accountability” but was the largest per survivor settlement in any clerical bankruptcy.

Archbishop Salvatore Cordileone said in a statement that he believed the settlement provided “a path toward fair compensation for survivors who have borne the weight of this abuse for a lifetime.” He said he hoped it would allow both the victims and the church to move forward.

“While the vast majority of sexual abuse allegations associated with this bankruptcy were from many decades ago, we accept full responsibility for what happened, and I sincerely apologize to all those who have been harmed,” he added. “We remain committed to the healing and care of survivors who have suffered because of past sins of church ministers.”

The vast majority of documented abuses in Catholic institutional settings took place decades ago, which has made it challenging for victims to seek legal recourse. But some states, including California, have enacted a “look-back window” in recent years that allows victims to bring civil claims that would otherwise be prohibited by statutes of limitations.

In 2023, the Archdiocese of San Francisco filed for Chapter 11 bankruptcy reorganization to protect itself from more than 500 civil lawsuits that had been filed against it under a 2019 California law. That law extended the statute of limitations for civil claims in child sexual abuse cases.

Several other dioceses in California have also filed for bankruptcy in recent years, including in Oakland and Sacramento.

This is a developing story. Check back for updates.