Milwaukee Archdiocese opposes opening books in molestation/bankruptcy case [View All]

[Scuba]

http://www.jsonline.com/features/religion/119803154.html


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The Archdiocese of Milwaukee will challenge a request by its bankruptcy creditors for a court-appointed forensic accountant to analyze its finances, Archbishop Jerome Listecki said in his weekly pastoral message Wednesday, calling such a review an unnecessary and costly expense.


At issue, the motion said, is the Milwaukee Archdiocese's transfer of more than $125 million in the weeks and years leading up to the bankruptcy - some of it into newly created trusts - and whether that money should be allowed to be tapped to pay claims by sex abuse victims.

The archdiocese maintains that all trusts were legally established, and any money moved was restricted for specific purposes and would have been unavailable for settlement payments regardless

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