Catholic Church shields $2 billion in assets to limit abuse payouts | Curio

Catholic Church shields $2 billion in assets to limit abuse payouts

19 mins | Jan 15, 2020

Dioceses across America are shifting the ownership of their property then filing insolvency. New laws allow sex abuse victims to seek legal action, but the Catholic Church is using bankruptcy to reclassify their assets. Josh Saul writing in Bloomberg Businessweek reports.

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From Bloomberg Businessweek