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Christian Brothers sold real estate worth millions for $1. Now it claims in court it lacks money to pay abuse survivors
Exclusive: Guardian Australia investigation reveals transfer of assets for nominal sums despite Catholic order telling court it is broke and seeking a halt to victims’ civil claims
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afr.com
Christian Brothers expects collapse with just $23m in the bank
The order is arguing for a scheme to distribute funds to victims, but they will not get their full compensation. It is forecasting to run out of money by September.
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Rich schools, broke order: cruel legacy of the Christian Brothers
The Catholic order’s move to safeguard its educational legacy with a $2 billion property transfer will leave survivors with court settlements unpaid.
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theguardian.com
Christian Brothers sold real estate worth millions for $1. Now it claims in court it lacks money to pay abuse survivors
Exclusive: Guardian Australia investigation reveals transfer of assets for nominal sums despite Catholic order telling court it is broke and seeking a halt to victims’ civil claims
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theage.com.au
Christian Brothers cry poor to abuse survivors after transferring elite schools for $1
The school restructure has fuelled claims by abuse survivors and their lawyers that the Christian Brothers engaged in a deliberate strategy to shield its assets from civil claims.
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smh.com.au
Prestigious schools transferred for $1 as Christian Brothers now cry poor to abuse survivors
The school restructure has fuelled claims by abuse survivors and their lawyers that the Christian Brothers engaged in a deliberate strategy to shield its assets from civil claims.