[Above: Excerpt from The Official Committee of Unsecured Creditors’ Objection to the Debtor’s Disclosure Statement]
Attorneys representing child sexual abuse survivors allege the Oakland Diocese and Bishop Michael Barber are attempting to hide assets to minimize a potential settlement in the ongoing bankruptcy case.
About a month before filing for bankruptcy last year, attorneys representing the interests of clergy sex abuse survivors allege the Diocese of Oakland transferred $106 million into a non-profit called the Oakland Parochial Fund that hadn’t been active for years.
The victims and their attorneys are slamming the transfer as a blatant attempt to shield the church’s assets in the ongoing bankruptcy case. The money, they say, should be available to victims as compensation for the abuse they endured by various East Bay priests, many of whom never faced jail time for their crimes.
“I think any bankruptcy judge would recognize that you can’t take $100…
View Cache