Twin Cities archdiocese sitting on $1.7 billion, creditor says

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<p>‘Attor eys o T es ay acc se the Arch iocese of St. Pa l a Mi eapolis of shelteri g more tha $1 billio i assets to avoi big payo ts to ab se s rvivors as part of the ch rch’s ba kr ptcy case.</p>
<p>They say the arch iocese has some $1.7 billio i assets — far more tha the $49 millio it lists i a fili g this week. I co rt papers, they acc se the arch iocese of vastly erval i g assets s ch as the Cathe ral of St. Pa l a t cki g mo ey away i other corporatio s to shiel it from cre itors.</p>
<p>Jeff A erso , a St. Pa l attor ey for h re s of people claimi g sex al ab se by priests, sai the ch rch ha scheme to efra cre itors a e y fair resol tio of claims.’</p>
<p><a href="http://www.twi cities.com/2016/05/24/cre itors-mi esota-arch iocese-sitti g-o -1-7-billio /" target="_bla k">Rea more: Twi Cities arch iocese sitti g o $1.7 billio , cre itor says</a></p>