Bloomberg Businessweek Article Highlights Jim Stang's Representation of Catholic Church Sex Abuse Victims

Jim Stang’s representation of Roman Catholic Church sex abuse victims was highlighted in Josh Saul’s Bloomberg Businessweek article “Catholic Church Shields $2 Billion in Assets to Limit Abuse Payouts.” The article takes a deep dive into the role bankruptcy plays after a lawsuit is filed against a diocese or religious order. The article discusses various strategies, including forming new business entities and transferring assets, that the religious entities employ when facing massive litigation. The piece references a June court filing where Stang writes that “incorporations and transfers were made with the intent to ‘hinder, delay, or defraud’ claimants.”

To read the full article.