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Roman Catholic Diocese, Alabany, NY; files bankruptcy
- Thread starter Salty
- Start date
canadyjd
Well-Known Member
RighteousnessTemperance&
Well-Known Member
Here's another report (excerpts and link) below. The one above may not work well for some.
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The Albany Diocese is the fifth of eight in the Empire State to declare bankruptcy in the wake of a flood of cases filed between 2019 and 2021 during the Child Victims Act window allowing survivors to sue regardless of whether the claims were outside of the statute of limitations.
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A group of lawyers representing 190 of the victims in cases against the Albany Diocese have accused the church of understating their assets and filing for Chapter 11 bankruptcy as a legal tactic.
The lawyers believe the diocese is worth $600 million, while in the bankruptcy case it claims to only have assets worth between $10 and $50 million, according to the report.
“The Diocese of Albany’s decision to declare bankruptcy is another calculated self-effacement in a long history of cowardice,” victim lawyer Cynthia LaFave said in a statement. “The Diocese’s role in shrouding — perpetuating — abuse has always taken agency from survivors. Here again, the diocese is attempting to silence and suppress the very people they purport to protect.”
Albany Diocese files for bankruptcy as hundreds of sex abuse suits pile up
The Albany Diocese is the fifth of eight in the Empire State to declare bankruptcy in the wake of a flood of cases filed between 2019 and 2021 during the Child Victims Act window allowing survivors to sue regardless of whether the claims were outside of the statute of limitations.
...
A group of lawyers representing 190 of the victims in cases against the Albany Diocese have accused the church of understating their assets and filing for Chapter 11 bankruptcy as a legal tactic.
The lawyers believe the diocese is worth $600 million, while in the bankruptcy case it claims to only have assets worth between $10 and $50 million, according to the report.
“The Diocese of Albany’s decision to declare bankruptcy is another calculated self-effacement in a long history of cowardice,” victim lawyer Cynthia LaFave said in a statement. “The Diocese’s role in shrouding — perpetuating — abuse has always taken agency from survivors. Here again, the diocese is attempting to silence and suppress the very people they purport to protect.”
Albany Diocese files for bankruptcy as hundreds of sex abuse suits pile up