U.S. Catholic Church shields more than $2 billion in assets from sexual abuse victims

According to a Bloomberg news article, court filings show that in the past 15 years, the U.S. Catholic Church has shielded more than $2 billion in assets from sexual abuse victims by moving and reclassifying assets before declaring bankruptcy.



https://www.bloomberg.com/news/features/2020-01-08/the-catholic-church-s-strategy-to-limit-payouts-to-abuse-victims