Diocese's new strategy requires parishes' 'abbreviated bankruptcy' amid sex abuse settlements
The Diocese of Rockville Centre has reached a preliminary $323 million settlement in its bankruptcy case, which involves around 500 sex abuse claims. This settlement introduces a novel strategy where parishes are required to declare an "abbreviated bankruptcy." According to the diocese, this process is expected to be resolved within 48 hours of filing and aims to secure a release from liability without closing any parishes.
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