The Brooklyn Diocese has agreed to negotiate a “global” settlement to compensate 1,100 people who accused priests and staffers of child sex abuse — a figure that will likely run into hundreds of millions of dollars.
The payouts for these cases—90% of which date back more than 50 years to the 1960s and ’70s — will be a huge financial blow to the diocese, forcing it to unload real estate to raise the settlement money.
“To facilitate this global resolution, the Diocese is cost-cutting and setting aside significant funds to compensate victim-survivors,” Bishop Robert Brennan said Thursday in a “Dear brothers and sisters” letter to the church faithful.
“The process of marshalling these funds entails difficult financial choices, but the Diocese is committed to fairly compensating all meritorious claims,” Brennan said, adding that the payout cash will not come from parishioners.
“The funds used to make these settlements, and future ones, have…
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