Archdiocese list of assets tops more than $240-million


May 24, 2020

By Thomas Perumean

Asset filing runs 2,000 pages

The New Orleans Archdiocese has listed more than $240,000,000 dollars in assets against $139,000,000 liabilities.

Though the Church has a healthy amount of assets against debts, the diocese is facing scores of lawsuits from child sexual abuse claims that could take a multitude of years to settle.

The list of assets filed in Federal Court runs 2,000 pages.

The Times-Picayune/New Orleans Advocate says the list shows Hancock-Whitney Bank as being owed $37,000,000. These are state facility bonds which the church used to rebuild after Hurricane Katrina.

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