ALBUQUERQUE (NM)
Associated Press
March 12, 2020
A creditors committee of clergy abuse survivors believes the Archdiocese of Santa Fe moved assets to hinder creditors before it filed for bankruptcy protection, a lawyer said.
Attorney James Stang told a federal judge Monday that the committee may seek standing in the case to challenge the movement of assets, the Albuquerque Journal reports.
“The committee is ready to move forward on standing motions to avoid fraudulent conveyances that we believe occurred when the archdiocese corporately reorganized,” Stang said. “We believe there’s a basis for us bringing those fraudulent conveyance actions.”
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